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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..

ELVNYSE
HealthcareMedical - Healthcare Plans
$416.19
$29.46(7.62%)
U.S. Market opens in 13h 54m
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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 (RSI: 61.26)
Trend Strength:Moderate (ADX: 26.03)
Volatility:Medium (ATR: 11.31)
Support/Resistance:$376.78 – $422.38 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 61.26

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 42.28

Neutral
Mid-range signal with no clear trend.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 2.41

Bullish
Steady upward momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 2.30

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.03

Moderate
Moderate trend, direction gaining strength.

ATR (14): 11.31

Rising
Rising volatility, market activity increasing.

CCI (14): 150.49

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Elevance Health Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$422.38
Middle Band (SMA 20)
$399.58
Lower Band
$376.78
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$417.88
Middle Line (EMA 20)
$395.26
Lower Channel
$372.65
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume23.28M
Money Flow Index38.08Bearish, selling pressure outweighs inflows.
Relative Vigor Index54.22Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:ELV shows mixed signals in money flow analysis.

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. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

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