ELV Technical

Technical Sentiment Analysis for Elevance Health Inc (ELV) As of 2026-07-07, Elevance Health Inc (ELV) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 9 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELV stands at 60.96, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 5.509, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 73.406 and the Commodity Channel Index (CCI) at 108.33 further confirm a 24.03 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELV is trading above its 60-day moving average of $380.091 and above its 200-day long-term moving average of $346.028. Key price levels to watch include the immediate resistance at $424.211 and strong support at $378.261. A break above $424.211 could signal a bull continuation, while falling below $378.261 may test the next Fibonacci floor at $356.775.