US stock / ETF

Elevance Health, Inc.

ELV · NYSE · USD

1 dayBullish75%
Daily Upside probability 75%Bullish

ELV 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $375.74 and reclaim $450.69.

Invalidation Trigger

Lose $375.74 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 51.4, MACD 1.097

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $12.28 (2.92%)

Daily

EMA Structure

Bullish
EMA 8$431.43Bearish
EMA 21$421.89Bearish
EMA 50$411.25Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.4 · MACD 1.097

Neutral zone

Strength
Bullish
Volatility
ATR $12.28 · BB 18.97%

Medium volatility

Strength
Range
Volume
MFI 70.9 · OBV 98.49%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$375.74 - $450.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.95% · 3.4 ATR above latest close

$462.97
Nearest resistance

+7.03% · 2.4 ATR above · 34-bar high

$450.69
Current price

Price shown is delayed

$421.09
Nearest support

-10.77% · 3.7 ATR below · 34-bar low

$375.74
Deeper support zone

-13.69% · 4.7 ATR below latest close

$363.46
ATR zone

Latest close ± ATR14

$408.81 - $433.37

Indicators

Trend

Dow Theory Structure

Confirmation $450.69, invalidation $375.74

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

49.5 / 29.7 / 13.7Bullish
Supertrend (10,3)

Price is above Supertrend

$391.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$424.27 / $413.22Bearish
Donchian Channel (20)

20-period breakout channel position

61%Range

Volatility

ATR (14)

Medium volatility

$12.28 (2.92%)Range
Bollinger Bands (20,2)

Width 18.97%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$446.01 / $398.97Range
ATR channel lower / upper

Current Volatility Envelope

$408.81 / $433.37Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$450.69Range
Support

Nearest Downside Decision Level

$375.74Range

Momentum

RSI (14)

Neutral zone

51.4Range
MACD (12,26,9)

Histogram is positive

1.097Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

44.7 / 68.2Bearish
Williams %R (14)

Neutral zone

-55.3Range
CCI (20)

Balanced zone

31.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

70.9Bullish
OBV slope

20-period OBV slope

98.49%Bullish
Volume ratio

Relative to 20-period average volume

0.24xBearish

Trend

Dow Theory Structure

Confirmation $450.69, invalidation $375.74

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

49.5 / 29.7 / 13.7Bullish
Supertrend (10,3)

Price is above Supertrend

$391.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$424.27 / $413.22Bearish
Donchian Channel (20)

20-period breakout channel position

61%Range

Momentum

RSI (14)

Neutral zone

51.4Range
MACD (12,26,9)

Histogram is positive

1.097Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

44.7 / 68.2Bearish
Williams %R (14)

Neutral zone

-55.3Range
CCI (20)

Balanced zone

31.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$12.28 (2.92%)Range
Bollinger Bands (20,2)

Width 18.97%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$446.01 / $398.97Range
ATR channel lower / upper

Current Volatility Envelope

$408.81 / $433.37Range

Volume / Money Flow

MFI (14)

Money flow is strong

70.9Bullish
OBV slope

20-period OBV slope

98.49%Bullish
Volume ratio

Relative to 20-period average volume

0.24xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$450.69Range
Support

Nearest Downside Decision Level

$375.74Range

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