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Stock Analysis
ELEVANCE HEALTH, INC. (ELV)
ELV
ELV · Healthcare • Managed Care
397.80 -1.02%
52W Range Position
82%
LOWMIDHIGH
Trend
Constructive
Momentum
Neutral
Updated: 2026-06-16 20:47 UTC
WOI Investment Thesis
Constructive
Confirmation improves above 424.43. Holding above 376.90 keeps the current thesis intact.
⚖️
Fundamentals
Improving / Improving
Price Structure
Constructive
Momentum
Neutral
×
Breakout Confirmation
Pending
Risk Level
Moderate
Analysis Scope
1Y Daily
Key Decision Levels
Hold Above
Structure remains valid above support.
376.90
Break Above
Confirmation improves above resistance.
424.43
🎯
Next Objective
Pattern-derived target if setup continues.
442.96
×
Thesis Break
Scenario weakens below invalidation.
Below 376.90
What's Driving ELV?
📈 Technical recovery is improving
Momentum is Neutral. Watch 424.43 for confirmation and 376.90 for structure risk.
💼 Business quality remains relevant
Fundamentals remain relevant. Check growth, profitability, cash flow and balance sheet quality.
⚠️ Key risk remains
losing 376.90 would weaken the current structure.
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Technical Signal
Technical Setup Active
An active technical structure is present. Use trigger, target, stop and watch levels for context.
Pattern
Triangle Compression / SYM / DOWN
State
Back Inside
Trigger
396.11
Risk / Invalid
362.01
Breakout Watch
Downtrend line not broken yet · score 0
Compression
51%
How to read this setup
Active technical structure detected. Use the chart overlays, support, resistance and invalidation levels to manage confirmation and risk.
Price Chart
ELV · WOI overlay chart
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Business Lens
Financial context is mixed
Revenue Growth
Improving
Profitability
Improving
Cash Flow
Mixed
Balance Sheet
Mixed
💵 Revenue
50.18B
📈 Net Income
1.76B
🧮 EPS (Basic)
8.03
🏢 Company
ELEVANCE HEALTH, INC.
🏷 Sector
Healthcare
🧩 Industry
Managed Care
Note: This is an algorithmic technical snapshot, not financial advice.