Elanco Animal Health Stock Pattern Recognition Hammer

ELAN Stock  USD 24.08  0.12  0.50%   
Elanco Animal pattern recognition tool provides the execution environment for running the Hammer recognition and other technical functions against Elanco Animal. Elanco Animal 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 pattern recognition indicators. As with most other technical indicators, the Hammer recognition function is designed to identify and follow existing trends. Elanco Animal momentum indicators are usually used to generate trading rules based on assumptions that Elanco Animal trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of one valid pattern recognition events for the selected time horizon. The Hammer describes Elanco Animal bullish reversal pattern.

Elanco Animal Technical Analysis Modules

Most technical analysis of Elanco Animal 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 Elanco from various momentum indicators to cycle indicators. When you analyze Elanco 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 Elanco Animal 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 Elanco Animal Health. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elanco Animal Health based on widely used predictive technical indicators. In general, we focus on analyzing Elanco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elanco Animal's daily price indicators and compare them against related drivers, such as pattern recognition 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 Elanco Animal's intrinsic value. In addition to deriving basic predictive indicators for Elanco Animal, we also check how macroeconomic factors affect Elanco Animal price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 2025 2026 (projected)
Days Sales Outstanding83.4672.8583.7895.74
PTB Ratio1.180.981.131.68
Hype
Prediction
LowEstimatedHigh
21.9924.0826.17
Details
Intrinsic
Valuation
LowRealHigh
17.5419.6326.49
Details
Naive
Forecast
LowNextHigh
21.1523.2325.32
Details
15 Analysts
Consensus
LowTargetHigh
23.5925.9228.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Elanco Animal. Your research has to be compared to or analyzed against Elanco Animal's peers to derive any actionable benefits. When done correctly, Elanco Animal's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Elanco Animal Health.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Elanco Animal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Elanco Animal's short interest history, or implied volatility extrapolated from Elanco Animal options trading.

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.
Macroaxis Index Idea
Macroaxis Index
Sold over 30 shares
Industrials ETFs Idea
Industrials ETFs
Invested over 200 shares
Sector ETFs Idea
Sector ETFs
Sold over 100 shares
ESG Investing Idea
ESG Investing
Invested few shares
Climate Change Idea
Climate Change
Invested over 100 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested over 100 shares
Video Games Idea
Video Games
Invested over 100 shares
Tech Growth Idea
Tech Growth
Invested over 200 shares
Gold and Gold Mining Idea
Gold and Gold Mining
Invested over 200 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 90 shares
When determining whether Elanco Animal Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Elanco Animal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Elanco Animal Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Elanco Animal Health Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elanco Animal Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Will Pharmaceuticals sector continue expanding? Could Elanco diversify its offerings? Factors like these will boost the valuation of Elanco Animal. Projected growth potential of Elanco fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Elanco Animal data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
1.167
Earnings Share
0.07
Revenue Per Share
9.261
Quarterly Revenue Growth
0.104
Return On Assets
0.0115
The market value of Elanco Animal Health is measured differently than its book value, which is the value of Elanco that is recorded on the company's balance sheet. Investors also form their own opinion of Elanco Animal's value that differs from its market value or its book value, called intrinsic value, which is Elanco Animal's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Elanco Animal's market value can be influenced by many factors that don't directly affect Elanco Animal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Elanco Animal's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Elanco Animal should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Elanco Animal's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.