ELV

Elevance HealthHealthcare

$300.74+0.75%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$300.74

FEBMARAPR

Trade this Rounding Bottom

Watch the Rounding Bottom on ELV closely. Trade with professional charting tools.

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Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$346.61

Stop

$309.88

Target

$420.07

Chart Pattern

Rounding Bottom

Gradual reversal from bearish to bullish.

Descending Triangle

Bearish continuation pattern.

Market Analysis

A clear signal has emerged for Elevance Health (ELV) on the daily chart. The stock is trading at $300.74, up 0.75% on the day. Price action has carved out a classic Rounding Bottom. Volume is average (0.62x avg) with moderate trend strength (20.1). A potential breakout level is identified at $346.61, targeting $420.07 with support near $309.88 (R:R 2.0).

Community Sentiment

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Peer Analysis

Idxx Bearish Flag Dhr Descending Triangle Ste Descending Triangle Vtrs Rectangle A Descending Triangle

Pattern Peers

Acn Rounding Bottom Mlm Rounding Bottom Fox Rounding Bottom Chrw Rounding Bottom Epam Rounding Bottom

ELV