Elevance Health Stock Momentum Indicators Minus Directional Indicator

ELV Stock  USD 403.60  6.12  1.54%   
Elevance Health momentum indicators tool provides the execution environment for running the Minus Directional Indicator indicator and other technical functions against Elevance Health. Elevance Health value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Minus Directional Indicator indicator function is designed to identify and follow existing trends. Momentum indicators of Elevance Health are pattern recognition functions that provide distinct formation on Elevance Health potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Minus Directional indicator describes the rate of negative changes that contributes to the overall Elevance Health price trend.

Elevance Health Technical Analysis Modules

Most technical analysis of Elevance Health help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Elevance from various momentum indicators to cycle indicators. When you analyze Elevance charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Elevance Health Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Elevance Health. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elevance Health based on widely used predictive technical indicators. In general, we focus on analyzing Elevance Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elevance Health's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Elevance Health's intrinsic value. In addition to deriving basic predictive indicators for Elevance Health, we also check how macroeconomic factors affect Elevance Health price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 (projected)
Dividend Yield0.0097690.0099830.0125
Price To Sales Ratio0.820.790.65
Hype
Prediction
LowEstimatedHigh
401.71403.60405.49
Details
Intrinsic
Valuation
LowRealHigh
376.94378.83443.96
Details
Naive
Forecast
LowNextHigh
385.83387.72389.61
Details
22 Analysts
Consensus
LowTargetHigh
518.70570.00632.70
Details

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Latest Portfolios Now

   

Latest Portfolios

Quick portfolio dashboard that showcases your latest portfolios
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Casinos Idea
Casinos
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
FinTech Idea
FinTech
Invested over 60 shares
Business Services Idea
Business Services
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 40 shares
Corona Opportunity Idea
Corona Opportunity
Invested few shares
Social Domain Idea
Social Domain
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested over 50 shares
Chemicals Idea
Chemicals
Invested over 30 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares

Additional Tools for Elevance Stock Analysis

When running Elevance Health's price analysis, check to measure Elevance Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elevance Health is operating at the current time. Most of Elevance Health's value examination focuses on studying past and present price action to predict the probability of Elevance Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevance Health's price. Additionally, you may evaluate how the addition of Elevance Health to your portfolios can decrease your overall portfolio volatility.