ELV technical analysis
ELV Technical Analysis
Analysis date
August 5, 2026
Market
NYSE (USD)
Daily cutoff
August 3, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
ELV Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- ELV
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 3, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 382.77 | August 3, 2026 | - | Verified |
| Verification series | 382.77 | August 3, 2026 | 0.00% | Verified |
Bottom line
ELV Technical Analysis Summary
ELV has pulled back sharply from the 436.24 high to 382.77 and is now consolidating. On the daily chart price sits below SMA20 (392.83) and SMA50 (395.93) but above SMA200 (348.85), while the weekly chart holds above SMA20 (366.81) and SMA50 (344.88) but below SMA200 (416.98). Daily RSI at 46.39 and weekly RSI at 52.36 show momentum has cooled from earlier overbought readings, and the MACD histogram is negative on both timeframes. The stock trades at 68% of its 52-week range. Key support is at 362.98 (20-day and 60-day low), with SMA200 at 348.85 and the 52-week low at 268.08 below that. Resistance is at SMA20 and SMA50 (392.83 and 395.93) and the 436.24 52-week high. A close back above SMA20 would signal stabilization, while a break below 362.98 would open the way toward the 200-day average.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 3, 2026)
- Trend
- Mixed. Price at 382.77 is below SMA20 (392.83) and SMA50 (395.93) but above SMA200 (348.85). The pullback from the recent high has pushed price beneath the short-term averages, while the SMA200 continues to define the longer-term uptrend.
- Momentum
- Weak. RSI14 at 46.39 is below the neutral 50 level after cooling from overbought readings. MACD line at -5.61 is below the signal at -4.16 with a negative histogram of -1.46, confirming the recent downside momentum, although the latest session bounced.
- Volatility
- Moderate. ATR14 at 12.97 (3.39% of price) reflects active daily ranges during the pullback. Bollinger Bands (354.72 to 430.94) are wide, with price trading below the middle band at 392.83 and in the lower portion of the band.
- Volume
- Below average. Latest volume of 1,140,000 is 76% of the 20-period average (1,494,250), showing lighter participation during the recent decline.
Assessment
The daily chart shows a pullback from the 436.24 swing high to 382.77, with price now below SMA20 and SMA50 but well above SMA200. RSI at 46.39 and a negative MACD histogram confirm near-term momentum has cooled, but the latest session gained 1.84%, suggesting the decline may be stabilizing. The 20-day low at 362.98 and SMA200 at 348.85 are the immediate downside reference points. A close back above SMA20 at 392.83 would signal the start of stabilization, while a break below 362.98 would put the pullback toward the 200-day average.
Weekly (July 27, 2026 week)
- Trend
- Mixed. Price at 375.84 is above SMA20 (366.81) and SMA50 (344.88) but below SMA200 (416.98). The long-term average has become overhead resistance after the sharp pullback, keeping the weekly trend in a consolidation phase.
- Momentum
- Neutral. RSI14 at 52.36 is close to the neutral 50 level. MACD line at 14.56 is below the signal at 15.59 with a negative histogram of -1.02, showing fading weekly momentum after the decline from the high.
- Volatility
- Elevated. ATR14 at 27.22 (7.24% of price) reflects wide weekly ranges. Bollinger Bands (283.16 to 450.47) are wide, with price trading in the middle of the band.
- Volume
- Below average. Latest weekly volume of 5,760,300 is 72% of the 20-week average (8,040,500), showing below-normal participation in the recent pullback.
Assessment
The weekly chart remains in a longer-term uptrend that has stalled. Price is above the 20-week and 50-week averages but below the 200-week average at 416.98, which has become the key resistance for the trend to resume. RSI at 52.36 is neutral and the weekly MACD histogram has turned negative, confirming fading momentum. The 20-week low at 281.32 is the near-term downside reference, with the 60-week and 52-week low at 268.08 as the deeper structural support. A weekly close back above the SMA200 at 416.98 would confirm the uptrend resuming, while holding above the 50-week average at 344.88 keeps the longer-term structure intact.
Key indicators
ELV Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 46.39 | 52.36 |
| MACD (12, 26, 9) | -5.61 / -4.16 / -1.46 | 14.56 / 15.59 / -1.02 |
| ATR (14) | 12.97 (3.39%) | 27.22 (7.24%) |
| Bollinger Bands (20, 2) | 354.72 - 430.94 | 283.16 - 450.47 |
| SMA (20) | 392.83 | 366.81 |
| SMA (50) | 395.93 | 344.88 |
| SMA (200) | 348.85 | 416.98 |
Price structure
ELV Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 382.77 | 375.84 |
| 1-Period Return | +1.84% | -0.49% |
| 5-Period Return | +1.17% | -4.89% |
| 20-Period Return | -6.22% | +29.40% |
| 60-Period Return | +2.57% | -2.02% |
| 252-Period Return | +38.06% | +7.09% |
| 52-Week Low | 268.08 | 268.08 |
| 52-Week High | 436.24 | 436.24 |
| 52-Week Position | 68.20% | 64.08% |
Key levels
ELV Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 436.24 | 436.24 |
| 20-Period Low | 362.98 | 281.32 |
| 60-Period High | 436.24 | 436.24 |
| 60-Period Low | 362.98 | 268.08 |
Scenarios
ELV Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims SMA20 at 392.83 and SMA50 at 395.93 on the daily chart and then breaks above the 52-week high at 436.24 with above-average volume.
Invalidation
Price closes below the 20-day low at 362.98.
What to watch
Daily RSI recovering above 50, the daily MACD histogram turning positive, and a weekly close back above SMA200 at 416.98 to confirm the long-term trend.
Range-Bound
Trigger
Price continues to oscillate between the 362.98 20-day low and the SMA20 to SMA50 zone near 392.83 to 395.93.
Invalidation
A decisive break of either boundary with rising volume.
What to watch
RSI staying between 40 and 60, volume remaining below average, and the daily MACD histogram oscillating around zero.
Bearish
Trigger
Price breaks below the 20-day low at 362.98 and then the SMA200 at 348.85, with a deeper decline targeting the 52-week low at 268.08.
Invalidation
Price reclaims the SMA50 at 395.93 and holds above it.
What to watch
Sustained closes below SMA20 at 392.83, the daily MACD histogram turning more negative, and increasing downside volume.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 5, 2026.
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