Elevance Health Stock Technical Analysis

ELV Stock  USD 322.92  54.01  14.33%   
As of the 28th of January, Elevance Health shows the Variance of 6.44, mean deviation of 1.55, and Standard Deviation of 2.54. Elevance Health technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Elevance Health mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Elevance Health is priced favorably, providing market reflects its regular price of 322.92 per share. Given that Elevance Health has information ratio of (0.05), we urge you to verify Elevance Health's prevailing market performance to make sure the company can sustain itself at a future point.

Elevance Health Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elevance, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ElevanceElevance Health's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Elevance Health Analyst Consensus

Target PriceAdvice# of Analysts
395.4Strong Buy22Odds
Elevance Health current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Elevance analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Elevance stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Elevance Health, talking to its executives and customers, or listening to Elevance conference calls.
Elevance Analyst Advice Details
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elevance Health. If investors know Elevance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elevance Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.22
Dividend Share
6.76
Earnings Share
24.54
Revenue Per Share
861.178
Quarterly Revenue Growth
0.123
The market value of Elevance Health is measured differently than its book value, which is the value of Elevance that is recorded on the company's balance sheet. Investors also form their own opinion of Elevance Health's value that differs from its market value or its book value, called intrinsic value, which is Elevance Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elevance Health's market value can be influenced by many factors that don't directly affect Elevance Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elevance Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elevance Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elevance Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Elevance Health 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Elevance Health's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Elevance Health.
0.00
10/30/2025
No Change 0.00  0.0 
In 2 months and 31 days
01/28/2026
0.00
If you would invest  0.00  in Elevance Health on October 30, 2025 and sell it all today you would earn a total of 0.00 from holding Elevance Health or generate 0.0% return on investment in Elevance Health over 90 days. Elevance Health is related to or competes with Cigna Corp, Regeneron Pharmaceuticals, Cencora, Zoetis, Humana, IDEXX Laboratories, and CVS Health. It supports consumers, families, and communities across the entire care journey connecting to the care, support, and res... More

Elevance Health Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Elevance Health's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Elevance Health upside and downside potential and time the market with a certain degree of confidence.

Elevance Health Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Elevance Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elevance Health's standard deviation. In reality, there are many statistical measures that can use Elevance Health historical prices to predict the future Elevance Health's volatility.
Hype
Prediction
LowEstimatedHigh
320.29322.92325.55
Details
Intrinsic
Valuation
LowRealHigh
290.63332.50335.13
Details
Naive
Forecast
LowNextHigh
333.85336.48339.11
Details
22 Analysts
Consensus
LowTargetHigh
359.81395.40438.89
Details

Elevance Health January 28, 2026 Technical Indicators

Elevance Health Backtested Returns

At this stage we consider Elevance Stock to be very steady. Elevance Health secures Sharpe Ratio (or Efficiency) of 0.0186, which denotes the company had a 0.0186 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Elevance Health, which you can use to evaluate the volatility of the firm. Please confirm Elevance Health's Mean Deviation of 1.55, standard deviation of 2.54, and Variance of 6.44 to check if the risk estimate we provide is consistent with the expected return of 0.0484%. Elevance Health has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.63, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Elevance Health will likely underperform. Elevance Health right now shows a risk of 2.59%. Please confirm Elevance Health treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Elevance Health will be following its price patterns.

Auto-correlation

    
  0.36  

Below average predictability

Elevance Health has below average predictability. Overlapping area represents the amount of predictability between Elevance Health time series from 30th of October 2025 to 14th of December 2025 and 14th of December 2025 to 28th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Elevance Health price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Elevance Health price fluctuation can be explain by its past prices.
Correlation Coefficient0.36
Spearman Rank Test0.61
Residual Average0.0
Price Variance207.55
Elevance Health technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Elevance Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Elevance Health trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Elevance Health Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Elevance Health volatility. High ATR values indicate high volatility, and low values indicate low volatility.

About Elevance Health Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Elevance Health on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Elevance Health based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Elevance Health price pattern first instead of the macroeconomic environment surrounding Elevance Health. By analyzing Elevance Health's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Elevance Health's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Elevance Health specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2024 2025 (projected)
Dividend Yield0.01760.0202
Price To Sales Ratio0.490.44

Elevance Health January 28, 2026 Technical Indicators

Most technical analysis of Elevance 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Elevance Health January 28, 2026 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Elevance stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

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.