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Stock Trend Analysis Report

Prepared for you on Sunday, December 8, 2024.

Elevance Health, Inc. (NYSE:ELV)

Strong Downtrend (-100) - ELV is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ELV continues to fall. Traders should use caution and set stops.

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.

NYSE_ELV
Open High Low ELV Price Change
393.8400 394.3853 379.2900 381.6400 -11.3400
Entry Signal

MarketClub’s Trade Triangles for ELV

long term down The long-term trend has been DOWN since Oct 2nd, 2024 at 494.1672

intermediate term down The intermediate-term trend has been DOWN since Sep 11th, 2024 at 535.7600

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 400.4400

Smart Scan Analysis for ELV

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

-100
Smart Scan Analysis for ELV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
393.8400 394.3853 379.2900 381.6400 -11.3400
Prev. Close Volume Bid Ask Time
382.1400 2246654 2024-12-06 15:59:36
52wk High567.2652wk High Date2024-09-03
52wk Low391.0252wk Low Date2024-11-20
Average Volume1,795,441Shares Outstanding231,923
Assets116,533,000MLiabilities727,580,000M
P/E Ratio14.311
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