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Elevance Health Inc.

Elevance Health Inc. (ELV) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Elevance Health Inc..

ELV●NYSE
HealthcareMedical - Healthcare Plans
$404.56
$19.87(4.68%)
U.S. Market opens in 16h 42m
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ELV Technical Analysis Summary

Elevance Health Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 70.76)
Trend Strength:Very Strong (ADX: 53.87)
Volatility:Medium (ATR: 10.45)
Support/Resistance:$378.76 – $414.52 (Bollinger Bands)

Overall, Elevance Health Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 70.76

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 93.80

Bearish
Overbought levels may trigger pullback.

Williams %R: -6.81

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 6.20

Strongly Bullish
Strong upside momentum.

Takeaway:Elevance Health Inc. shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 13.43

Bullish
Bullish, trend momentum is strengthening.

ADX: 53.87

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 10.45

Rising
Rising volatility, market activity increasing.

CCI (14): 189.44

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Elevance Health Inc. shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$414.52
Middle Band (SMA 20)
$396.64
Lower Band
$378.76
Current Position
Within Bands

Takeaway:Elevance Health Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$414.27
Middle Line (EMA 20)
$393.37
Lower Channel
$372.48
Squeeze Status
Squeeze On

Takeaway:Elevance Health Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume37.81M
Money Flow Index64.46Bullish, inflows support continued momentum.
Relative Vigor Index76.64Bullish, price momentum strongly favors buyers.

Overall Takeaway:ELV shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Elevance Health Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Elevance Health Inc. stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

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