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 12.999, suggesting ELV is Strong Buy.

Elevance Health Inc (ELV) 20-Day simple moving average is 387.287, while Elevance Health Inc (ELV) share price is $393.19, making it Buy.

Elevance Health Inc (ELV) 60-Day simple moving average is 335.538, while Elevance Health Inc (ELV) share price is $393.19, making it Buy.

Technical Analysis for ELV

Technical Sentiment Analysis for Elevance Health Inc (ELV) As of 2026-05-29, Elevance Health Inc (ELV) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 10 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELV stands at 64.093, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 12.999, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 57.782 and the Commodity Channel Index (CCI) at 51.219 further confirm a -3.52 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELV is trading above its 60-day moving average of $335.538 and above its 200-day long-term moving average of $334.715. Key price levels to watch include the immediate resistance at $406.233 and strong support at $382.533. A break above $406.233 could signal a bull continuation, while falling below $382.533 may test the next Fibonacci floor at $371.567.

Elevance Health Inc (ELV) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	358.833	371.567	382.533	395.267	406.233	418.967	429.933
Fibonacci	371.567	380.62	386.213	395.267	404.32	409.913	418.967

Elevance Health Inc (ELV) Technical Indicators

2026-05-29

Name	Value
RSI_14	64.093
STOCHk_14_3_3	57.782
STOCHd_14_3_3	56.626
CCI_20	51.219
AO_5_34	26.14
MOM_10	-3.52
MACD_12_26_9	12.999

Elevance Health Inc (ELV) Relative Strength Index (RSI) is 64.093, creating a Neutral signal.

Elevance Health Inc (ELV) Stochastic Oscillator is 57.782, creating a Neutral signal.

Elevance Health Inc (ELV) Stochastic RSI is 56.626, creating a Neutral signal.

Elevance Health Inc (ELV) Commodity Channel Index (CCI) is 51.219, creating a Neutral signal.

Elevance Health Inc (ELV) Awesome Oscillator is 26.14, creating a Buy signal.

Elevance Health Inc (ELV) Momentum is -3.52, creating a Sell signal.

Elevance Health Inc (ELV) MACD is 12.999, creating a Buy signal.

Elevance Health Inc (ELV) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	391.99	Buy
MA_10	393.5	Sell
MA_20	387.287	Buy
MA_60	335.538	Buy
MA_200	334.715	Buy
MA_250	335.252	Buy

Elevance Health Inc (ELV) 5-Day simple moving average is 391.99, while Elevance Health Inc (ELV) share price is $393.19, making it a Buy.

Elevance Health Inc (ELV) 10-Day simple moving average is 393.5, while Elevance Health Inc (ELV) share price is $393.19, making it a Sell.

Elevance Health Inc (ELV) 20-Day simple moving average is 387.287, while Elevance Health Inc (ELV) share price is $393.19, making it a Buy.

Elevance Health Inc (ELV) 60-Day simple moving average is 335.538, while Elevance Health Inc (ELV) share price is $393.19, making it a Buy.

Elevance Health Inc (ELV) 200-Day simple moving average is 334.715, while Elevance Health Inc (ELV) share price is $393.19, making it a Buy.

Elevance Health Inc (ELV) 250-Day simple moving average is 335.252, while Elevance Health Inc (ELV) share price is $393.19, 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 5 buy signals and 1 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 382.533 and a major resistance level at 406.233. Traders also monitor the pivot point at 395.267 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 64.093. This indicates that the stock is in neutral 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 12.999, 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 $393.19, which is above its 200-day simple moving average of 334.715. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.