(ELAN) Elanco Animal complete technical analysis [charts+indicators] | Buy/Sell Elanco Animal | (ELAN) share price targets
Complete technical analysis of Elanco Animal (ELAN) by charts plus indicators, forecast predictions and share price targets for Elanco Animal (ELAN)
Elanco Animal trades in USA in Health Care sector.
Showing technical analysis as on 2024-05-08 View latest technical analysis
10 day averaged volume of Elanco Animal is 4097980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 16.89 | 15.74 | 17.23 | 15.24 | 4.814 times |
| 07 Tue May 2024 | 13.52 | 13.31 | 13.68 | 13.22 | 1.578 times |
| 06 Mon May 2024 | 13.26 | 13.59 | 13.65 | 13.26 | 1.214 times |
| 03 Fri May 2024 | 13.53 | 13.73 | 13.77 | 13.41 | 0.908 times |
| 02 Thu May 2024 | 13.47 | 13.38 | 13.54 | 13.17 | 0.955 times |
| 01 Wed May 2024 | 13.15 | 13.10 | 13.46 | 12.99 | 0.685 times |
| 30 Tue Apr 2024 | 13.16 | 13.51 | 13.55 | 13.11 | 1.021 times |
| 29 Mon Apr 2024 | 13.57 | 13.31 | 13.84 | 13.29 | 1.006 times |
| 26 Fri Apr 2024 | 13.26 | 13.03 | 13.36 | 12.92 | 0.794 times |
| 25 Thu Apr 2024 | 13.04 | 13.17 | 13.22 | 12.79 | 0.908 times |
Stock of Elanco Animal (ELAN) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 15.5, for a target of 14.5 or 13.65
Share price targets for Elanco Animal (ELAN)
| Target Type | Value |
| Downside Target | 12.69 |
| Downside Target | 12.99 |
| Downside Target | 13.82 |
| Downside Target | 14.23 |
| Downside Target | 15.52 |
| Downside Target | 15.66 |
| Downside Target | 15.94 |
| Downside Target | 16.41 |
| Downside Target | 16.73 |
| Downside Target | 16.88 |
| Upside Target | 17.23 |
Intraday share price targets for Elanco Animal (ELAN)
| Target Type | Value |
| Downside Intraday Target | 14.33 |
| Downside Intraday Target | 11.77 |
| Upside Intraday Target | 18.34 |
| Upside Intraday Target | 19.79 |
| Downside Intraday Target | 15.78 |
Weekly technical analysis of Elanco Animal (ELAN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 16.89 | 13.59 | 17.23 | 13.22 | 1.662 times |
| 03 Fri May 2024 | 13.53 | 13.31 | 13.84 | 12.99 | 0.894 times |
| 26 Fri Apr 2024 | 13.26 | 13.09 | 13.82 | 12.73 | 0.925 times |
| 19 Fri Apr 2024 | 12.95 | 14.48 | 14.54 | 12.69 | 0.949 times |
| 12 Fri Apr 2024 | 14.35 | 15.58 | 15.66 | 14.23 | 1.274 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Elanco Animal (ELAN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 16.89 | 13.10 | 17.23 | 12.99 | 0.44 times |
| 30 Tue Apr 2024 | 13.16 | 16.31 | 16.41 | 12.69 | 1.459 times |
| 28 Thu Mar 2024 | 16.28 | 15.92 | 16.73 | 15.52 | 0.664 times |
| 29 Thu Feb 2024 | 15.89 | 14.89 | 16.88 | 14.35 | 0.849 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Elanco Animal (ELAN)
Price action analysis of Elanco Animal ( (ELAN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Elanco Animal ( (ELAN) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elanco Animal ( (ELAN) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elanco Animal ( (ELAN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Elanco Animal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Elanco Animal in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elanco Animal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Elanco Animal in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Elanco Animal is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.58 and Elanco Animal (ELAN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Elanco Animal (ELAN) stock. Volume based technical analysis of Elanco Animal (ELAN) stock is negative.
Elanco Animal Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Elanco Animal ( (ELAN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Elanco Animal ( (ELAN) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Elanco Animal ( (ELAN) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Elanco Animal ( (ELAN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Elanco Animal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Elanco Animal in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elanco Animal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Elanco Animal in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Elanco Animal is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.58 and Elanco Animal (ELAN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Elanco Animal (ELAN) stock. Volume based technical analysis of Elanco Animal (ELAN) stock is negative.
Elanco Animal Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.