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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
$399.49
$9.12(2.34%)
U.S. Market is Open · 14:50

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 Bullish (RSI: 55.02)
Trend Strength:Weak (ADX: 14.25)
Volatility:Medium (ATR: 12.27)
Support/Resistance:$367.80 – $400.69 (Bollinger Bands)

Technical conditions suggest Elevance Health Inc. on the NYSE is awaiting a decisive move. Technical conditions suggest Elevance Health Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 55.02

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 83.00

Bearish
Overbought levels may trigger pullback.

Williams %R: -10.36

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 5.23

Strongly Bullish
Strong upside momentum.

Takeaway:Elevance Health Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.63

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.25

Weak
Weak trend, market trading sideways.

ATR (14): 12.27

Rising
Rising volatility, market activity increasing.

CCI (14): 100.51

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$400.69
Middle Band (SMA 20)
$384.24
Lower Band
$367.80
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$414.64
Middle Line (EMA 20)
$390.09
Lower Channel
$365.55
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 Volume9.93M
Money Flow Index64.17Bullish, inflows support continued momentum.
Relative Vigor Index63.37Bullish, 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. (NYSE: ELV), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

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

(NYSE: ELV) Technical Analysis FAQ