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Stock Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
Elevance Health, Inc. (NYSE:ELV)
Bull Market Weakness (+75) - ELV is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ELV as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for ELV
The long-term trend has been UP since Oct 18th, 2023 at 480.955
The intermediate-term trend has been UP since Apr 18th, 2024 at 521.180
The short-term trend has been DOWN since Apr 30th, 2024 at 529.980
Smart Scan Analysis for ELV
Based on our trend formula, ELV is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 524.77 | 527.87 | 519.74 | 524.86 | -3.72 |
| Prev. Close | Volume | Bid | Ask | Time |
| 524.84 | 625409 | 2024-05-01 15:59:46 |
| 52wk High | 542.07 | 52wk High Date | 2024-04-25 |
| 52wk Low | 412 | 52wk Low Date | 2023-07-12 |
| Average Volume | 1,126,961 | Shares Outstanding | 232,418 |
| Assets | 111,894,000M | Liabilities | 712,860,000M |
| P/E Ratio | 19.9539 |