ELANCO ANIMAL HEALTH INC (ELAN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ELAN - US28414H1032 - Common Stock
Taking everything into account, ELAN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ELAN is showing a nice and steady performance.
ELAN has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.65
We found 3 important support areas.
- Support @21.67 from a trend line in the daily time frame.
- A support zone ranging from 21.09 to 21.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.85 to 20.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.32 to 23.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ELAN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELAN is up. |
| ChartMill Relative Strength | 93.66 | POSITIVE | ELAN has a high relative strength, it outperformed 93.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELAN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.1 | NEUTRAL | The RSI value for ELAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ELAN has a positive trend. |
| Stochastics (14,3) | 92.46 | OVERBOUGHT | The high Stochastics value suggests ELAN may be overbought. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for ELAN suggests some volalility. |
| Average Directional Index/ADX (14) | 21.55 | NEUTRAL | The ADX value for ELAN suggests a possible start of a new trend. |
NYSE:ELAN (11/28/2025, 11:18:07 AM)
23.09
-0.22 (-0.94%)
ELANCO ANIMAL HEALTH INC / ELAN FAQ
What is the ChartMill technical rating of ELANCO ANIMAL HEALTH INC (ELAN) stock?
ChartMill assigns a technical rating of 10 / 10 to ELAN.
What is the trend direction for ELAN stock?
The current trend direction for ELANCO ANIMAL HEALTH INC (ELAN) is Bullish.
What is the RSI signal for ELAN stock?
ELANCO ANIMAL HEALTH INC (ELAN) has an RSI value of 64.1016. This indicates that the stock is currently neutral.
What is the MACD signal for ELANCO ANIMAL HEALTH INC (ELAN) stock?
The MACD indicator for ELANCO ANIMAL HEALTH INC (ELAN) has a value of 0.0937805, indicating a bearish trend.
Can you provide the short term momentum for ELANCO ANIMAL HEALTH INC?
The short term momentum for ELANCO ANIMAL HEALTH INC (ELAN) is positive.