ELANCO ANIMAL HEALTH INC (ELAN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ELAN - US28414H1032 - Common Stock
Overall ELAN gets a technical rating of 8 out of 10. In the last year, ELAN was one of the better performers, but we do observe some doubts in the very recent evolution.
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 2 important areas.
- A support zone ranging from 20.91 to 21.09. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 20.43 to 20.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.27 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 | DOWN | NEGATIVE | The short term trend for ELAN is down. |
| ChartMill Relative Strength | 92.13 | POSITIVE | ELAN has a high relative strength, it outperformed 92.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELAN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ELAN is below 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) | 44.92 | NEUTRAL | The RSI value for ELAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests ELAN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.83 | OVERSOLD | The low Stochastics value suggests ELAN may be oversold. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for ELAN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.39 | NEGATIVE | The low ADX value for ELAN suggests a weak or negative trend. |
NYSE:ELAN (12/11/2025, 3:15:57 PM)
21.445
+0.14 (+0.68%)
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 8 / 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 44.9181. 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 -0.230335, 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 negative.