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Elevance Health Inc.

ELV Technical Analysis Summary (NYSE)

Analyze ELV on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ELV●NYSE
HealthcareMedical - Healthcare Plans
$398.25
$0.31(0.08%)
U.S. Market opens in 13h 10m

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 (NYSE)

Elevance Health Inc. (NYSE: ELV) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.74)
Trend Strength:Weak (ADX: 13.58)
Volatility:Medium (ATR: 9.87)
Support/Resistance:$389.53 – $424.51 (Bollinger Bands)

Technical conditions suggest Elevance Health Inc. on the NYSE is awaiting a decisive move. Overall, Elevance Health Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 45.74

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 24.23

Bearish
Momentum remains weak below midpoint.

Williams %R: -78.17

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.75

Bearish
Selling pressure outweighs buying.

Takeaway:Elevance Health Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 1.73

Bullish
Bullish, trend momentum is strengthening.

ADX: 13.58

Weak
Weak trend, market trading sideways.

ATR (14): 9.87

Rising
Rising volatility, market activity increasing.

CCI (14): -117.86

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Elevance Health Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$424.51
Middle Band (SMA 20)
$407.02
Lower Band
$389.53
Current Position
Within Bands

Takeaway:Elevance Health Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$425.61
Middle Line (EMA 20)
$405.86
Lower Channel
$386.11
Squeeze Status
Squeeze On

Takeaway:Elevance Health Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume5.19M
Money Flow Index25.14Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.35Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ELV shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Elevance Health Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: ELV) Technical Analysis FAQ