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Elanco Animal Health Incorporated

ELAN Technical Analysis Summary (NYSE)

Analyze ELAN on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ELAN●NYSE
HealthcareDrug Manufacturers - Specialty & Generic
$23.97
$0.41(1.74%)
U.S. Market opens in 61h 24m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ELAN Technical Analysis Summary (NYSE)

Elanco Animal Health Incorporated (NYSE: ELAN) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.38)
Trend Strength:Weak (ADX: 14.39)
Volatility:Medium (ATR: 1.03)
Support/Resistance:$21.35 – $27.32 (Bollinger Bands)

Technical conditions suggest Elanco Animal Health Incorporated on the NYSE is awaiting a decisive move. This mix signals that Elanco Animal Health Incorporated is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.38

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 40.89

Neutral
Mid-range signal with no clear trend.

Williams %R: -58.71

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -6.42

Strongly Bearish
Sharp downside momentum.

Takeaway:Elanco Animal Health Incorporated shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.32

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.39

Weak
Weak trend, market trading sideways.

ATR (14): 1.03

Low
Low volatility, stable price action.

CCI (14): 21.38

Bullish
Bullish, momentum building upward.

Takeaway:Elanco Animal Health Incorporated shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$27.32
Middle Band (SMA 20)
$24.34
Lower Band
$21.35
Current Position
Within Bands

Takeaway:Elanco Animal Health Incorporated trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$26.11
Middle Line (EMA 20)
$24.05
Lower Channel
$21.99
Squeeze Status
No Squeeze

Takeaway:Elanco Animal Health Incorporated trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume52.58M
Money Flow Index39.02Bearish, selling pressure outweighs inflows.
Relative Vigor Index63.27Bullish, price momentum strongly favors buyers.

Overall Takeaway:ELAN shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Elanco Animal Health Incorporated (NYSE: ELAN), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Elanco Animal Health Incorporated are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: ELAN) Technical Analysis FAQ