ELV

Elevance HealthHealthcare

$377.68-0.43%

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$377.68

MAYJUNJUL

Trade this Falling Wedge

Watch the Falling Wedge on ELV closely. Trade with professional charting tools.

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Quick Actions

Trade Plan: Falling Wedge

Risk/Reward

1:0.62

Entry

$436.24

Stop

$365.38

Target

$479.86

Chart Pattern

Falling Wedge

Reversal pattern. Price likely to break upwards.

Market Analysis

Market participants tracking Elevance Health should note the latest formation. Price has moved to $377.68 (-0.43%) amidst recent volatility. The primary technical feature is a Falling Wedge formation. The trend indicator is reading 24.8/100, suggesting moderate momentum. A potential breakout level is identified at $436.24, targeting $479.86 with support near $365.38 (R:R 0.62).

Community Sentiment

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Pattern Peers

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