ELEVANCE HEALTH INC (ELV)
US0367521038 - Common Stock
We assign a technical rating of 9 out of 10 to ELV. Both in the recent history as in the last year, ELV has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ELV did better than 74% of all other stocks.
ELV is part of the Health Care Providers & Services industry. There are 117 other stocks in this industry. ELV outperforms 75% of them.
ELV is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ELV is leading the market.
In the last month ELV has a been trading in the 493.64 - 539.11 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although ELV has an excellent technical rating, the quality of the presented setup is not ideal 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
485.25
542.65
We found 3 important support areas.
- A support zone ranging from 533.74 to 533.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 509.17 to 517.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 490.15 to 498.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.58
Mansfield0.28
10 Day High539.11
10 Day Low494.31
20 Day High539.11
20 Day Low493.64
52 Week High539.11
52 Week Low412
Performance
1 Week4.86%
2 Weeks5.12%
1 Month3.19%
3 Month10.32%
6 Month20.9%
12 Month13.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)3.03
RSI(14)66.5
LBB489.52
UBB540.55
ELEVANCE HEALTH INC
NYSE:ELV (4/25/2024, 9:59:33 AM)
537.28
+3.55 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.67%
1 Week4.86%
2 Weeks5.12%
1 Month3.19%
3 Month10.32%
6 Month20.9%
12 Month13.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)10.47
ATR(20)%1.86%
ATR Inc
Range Today2.79
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High539.11
10 Day Low494.31
20 Day High539.11
20 Day Low493.64
52 Week High539.11
52 Week Low412
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume177.71K
Volume Incr61.26%
Vol(5)1.53M
Vol(50)996.10K