NYSE:ELV - New York Stock Exchange, Inc. - US0367521038 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ELV. ELV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ELV has a poor technical rating and the quality of the setup is also not perfect 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.
362.16
2 important support areas can be observed.
We can see 4 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for ELV is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELV is neutral. |
ChartMill Relative Strength | 11.37 | NEGATIVE | ELV has a low relative strength, it was outperformed by 88.63% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELV is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELV is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELV is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 53.94 | NEUTRAL | The RSI value for ELV is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.66 | POSITIVE | The MACD value suggests ELV has a positive trend. |
Stochastics (14,3) | 52.11 | NEUTRAL | The Stochastics value for ELV is a neutral value. |
Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for ELV suggests some volalility. |
Average Directional Index/ADX (14) | 23.26 | NEUTRAL | The ADX value for ELV suggests a possible start of a new trend. |
388.96
+7.47 (+1.96%)