Technical Analysis for ELAN - Elanco Animal Health Incorporated

Grade Last Price % Change Price Change
C 17.68 0.45% 0.08
ELAN closed up 0.45 percent on Friday, May 31, 2024, on 1.37 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%

   Recent Intraday Alerts

Alert Time
Possible NR7 1 day ago
Rose Above Previous Day's High 2 days ago
New 52 Week High 2 days ago
Up 1% 2 days ago
Up 2% 3 days ago

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Profile

Elanco Animal Health Incorporated Description

Elanco Animal Health Incorporated, an animal health company, develops, manufactures, and markets products for companion and food animals in the United States and internationally. It offers companion animal disease prevention products, such as parasiticide products that protect pets from worms, fleas, and ticks; companion animal therapeutics for pain, osteoarthritis, ear infections, cardiovascular, and dermatology indications; vaccines, nutritional enzymes, and animal-only antibiotics; and food animal products used in ruminant and swine production. The company caters to veterinarians and food producers of countries in North America, South America, Asia-Pacific, Europe, the Middle East, and Africa. Elanco Animal Health Incorporated was founded in 1954 and is based in Greenfield, Indiana. Elanco Animal Health Incorporated operates as a subsidiary of Eli Lilly and Company.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Life Sciences Pain Antibiotics Pet Animal Health Dermatology Enzymes Osteoarthritis Veterinary Medicine Food Producers Animal Product Animal Products Veterinary Physician

Is ELAN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 17.84
52 Week Low 8.52
Average Volume 4,445,363
200-Day Moving Average 13.56
50-Day Moving Average 15.32
20-Day Moving Average 16.52
10-Day Moving Average 17.09
Average True Range 0.53
RSI (14) 69.33
ADX 40.29
+DI 35.49
-DI 12.39
Chandelier Exit (Long, 3 ATRs) 16.24
Chandelier Exit (Short, 3 ATRs) 14.59
Upper Bollinger Bands 19.17
Lower Bollinger Band 13.87
Percent B (%b) 0.72
BandWidth 32.05
MACD Line 0.72
MACD Signal Line 0.65
MACD Histogram 0.0632
Fundamentals Value
Market Cap 8.71 Billion
Num Shares 493 Million
EPS -2.32
Price-to-Earnings (P/E) Ratio -7.62
Price-to-Sales 1.80
Price-to-Book 1.28
PEG Ratio 1.84
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.02
Resistance 3 (R3) 18.03 17.94 17.96
Resistance 2 (R2) 17.94 17.85 17.93 17.94
Resistance 1 (R1) 17.81 17.80 17.87 17.79 17.92
Pivot Point 17.71 17.71 17.74 17.70 17.71
Support 1 (S1) 17.58 17.63 17.65 17.57 17.44
Support 2 (S2) 17.49 17.57 17.48 17.42
Support 3 (S3) 17.36 17.49 17.40
Support 4 (S4) 17.34