ELANCO ANIMAL HEALTH INC (ELAN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ELAN - US28414H1032 - Common Stock
We assign a technical rating of 10 out of 10 to ELAN. 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.
Although ELAN has an excellent technical rating, it does not present a decent entry opportunity 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
20.23
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.79 to 22.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.09 from a horizontal line in the weekly time frame.
- Support @20.43 from a horizontal line in the daily time frame.
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 | 94.54 | POSITIVE | ELAN has a high relative strength, it outperformed 94.54% 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) | 68.29 | NEUTRAL | The RSI value for ELAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ELAN has a positive trend. |
| Stochastics (14,3) | 88.41 | OVERBOUGHT | The high Stochastics value suggests ELAN may be overbought. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for ELAN suggests some volalility. |
| Average Directional Index/ADX (14) | 12.23 | NEGATIVE | The low ADX value for ELAN suggests a weak or negative trend. |
NYSE:ELAN (1/7/2026, 3:10:00 PM)
22.915
-0.89 (-3.72%)
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.
Can you provide the trend direction for ELANCO ANIMAL HEALTH INC?
The current trend direction for ELANCO ANIMAL HEALTH INC (ELAN) is Bullish.
Can you provide the RSI signal for ELANCO ANIMAL HEALTH INC?
ELANCO ANIMAL HEALTH INC (ELAN) has an RSI value of 68.2909. This indicates that the stock is currently neutral.
What is the MACD signal for ELAN stock?
The MACD indicator for ELANCO ANIMAL HEALTH INC (ELAN) has a value of 0.129087, indicating a bearish trend.
What is the short term momentum for ELAN stock?
The short term momentum for ELANCO ANIMAL HEALTH INC (ELAN) is positive.