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Stock Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

Elevance Health, Inc. (NYSE:ELV)

Crossroads (+60) - ELV is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ELV?

MarketClub looks at technical strength and momentum to determine if the timing is right for ELV.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low ELV Price Change
467.74 473.31 462.32 470.97 +6.54
Entry Signal

MarketClub’s Trade Triangles for ELV

long term down The long-term trend has been DOWN since Mar 1st, 2023 at 464.64

intermediate term up The intermediate-term trend has been UP since Jun 2nd, 2023 at 469.35

short term up The short-term trend has been UP since Jun 1st, 2023 at 454.20

Smart Scan Analysis for ELV

Based on our trend formula, ELV is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ELV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
467.74 473.31 462.32 470.97 +6.54
Prev. Close Volume Bid Ask Time
471.02 1250865 2023-06-02 15:59:57
52wk High549.5252wk High Date2022-10-31
52wk Low438.5652wk Low Date2023-05-30
Average Volume1,003,001Shares Outstanding237,056
P/E Ratio18.0572
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