ELV Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Elevance Health Inc (ELV) Moving Averages Convergence Divergence (MACD) indicator is 17.712, suggesting ELV is Strong Buy.

Elevance Health Inc (ELV) 20-Day simple moving average is 347.873, while Elevance Health Inc (ELV) share price is $378.07, making it Buy.

Elevance Health Inc (ELV) 60-Day simple moving average is 319.949, while Elevance Health Inc (ELV) share price is $378.07, making it Buy.

Technical Analysis for ELV

Technical Sentiment Analysis for Elevance Health Inc (ELV) As of 2026-05-08, 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 75.477, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 17.712, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 94.987 and the Commodity Channel Index (CCI) at 85.232 further confirm a 33.31 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELV is trading below its 60-day moving average of $319.949 and below its 200-day long-term moving average of $327.103. Key price levels to watch include the immediate resistance at $385.908 and strong support at $349.668. A break above $385.908 could signal a bull continuation, while falling below $349.668 may test the next Fibonacci floor at $328.209.

Elevance Health Inc (ELV) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	313.428	328.209	349.668	364.449	385.908	400.689	422.148
Fibonacci	328.209	342.053	350.605	364.449	378.293	386.845	400.689

Elevance Health Inc (ELV) Technical Indicators

2026-05-08

Name	Value
RSI_14	75.477
STOCHk_14_3_3	94.987
STOCHd_14_3_3	93.014
CCI_20	85.232
AO_5_34	45.601
MOM_10	33.31
MACD_12_26_9	17.712

Elevance Health Inc (ELV) Relative Strength Index (RSI) is 75.477, creating a Sell signal.

Elevance Health Inc (ELV) Stochastic Oscillator is 94.987, creating a Sell signal.

Elevance Health Inc (ELV) Stochastic RSI is 93.014, creating a Sell signal.

Elevance Health Inc (ELV) Commodity Channel Index (CCI) is 85.232, creating a Neutral signal.

Elevance Health Inc (ELV) Awesome Oscillator is 45.601, creating a Buy signal.

Elevance Health Inc (ELV) Momentum is 33.31, creating a Buy signal.

Elevance Health Inc (ELV) MACD is 17.712, creating a Buy signal.

Elevance Health Inc (ELV) Moving Average

2026-05-08

Period	Simple	Signal
MA_5	373.334	Buy
MA_10	371.127	Buy
MA_20	347.873	Buy
MA_60	319.949	Buy
MA_200	327.103	Buy
MA_250	335.031	Buy

Elevance Health Inc (ELV) 5-Day simple moving average is 373.334, while Elevance Health Inc (ELV) share price is $378.07, making it a Buy.

Elevance Health Inc (ELV) 10-Day simple moving average is 371.127, while Elevance Health Inc (ELV) share price is $378.07, making it a Buy.

Elevance Health Inc (ELV) 20-Day simple moving average is 347.873, while Elevance Health Inc (ELV) share price is $378.07, making it a Buy.

Elevance Health Inc (ELV) 60-Day simple moving average is 319.949, while Elevance Health Inc (ELV) share price is $378.07, making it a Buy.

Elevance Health Inc (ELV) 200-Day simple moving average is 327.103, while Elevance Health Inc (ELV) share price is $378.07, making it a Buy.

Elevance Health Inc (ELV) 250-Day simple moving average is 335.031, while Elevance Health Inc (ELV) share price is $378.07, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for ELV?

The overall technical consensus for Elevance Health Inc (ELV) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 3 sell signals.

What are the key support and resistance levels for Elevance Health Inc (ELV) today?

Based on pivot point calculations, Elevance Health Inc (ELV) has an immediate support level at 349.668 and a major resistance level at 385.908. Traders also monitor the pivot point at 364.449 to determine the intraday trend direction.

Is Elevance Health Inc (ELV) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Elevance Health Inc (ELV) is currently 75.477. This indicates that the stock is in overbought territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Elevance Health Inc (ELV)?

Elevance Health Inc (ELV) Moving Averages Convergence Divergence (MACD) indicator is 17.712, suggesting ELV is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Elevance Health Inc.

How is Elevance Health Inc (ELV) performing relative to its 200-day moving average?

Elevance Health Inc (ELV) is currently trading at $378.07, which is above its 200-day simple moving average of 327.103. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.