ELV

Elevance HealthHealthcare

$313.35-0.86%

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$313.35

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

$322.81

Stop

$297.98

Target

$372.46

Chart Pattern

Rounding Bottom

Gradual reversal from bearish to bullish.

Market Analysis

A clear signal has emerged for Elevance Health (ELV) on the daily chart. Price has moved to $313.35 (-0.86%) amidst recent volatility. Price action has carved out a classic Rounding Bottom. Volume is average (0.78x avg) with moderate trend strength (35.7). A potential breakout level is identified at $322.81, targeting $372.46 with support near $297.98 (R:R 2.0).

Community Sentiment

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