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(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 2024-12-11 View latest technical analysis

10 day averaged volume of Elanco Animal is 3367853

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	12.53	12.50	12.68	12.25	1.134 times
10 Tue Dec 2024	12.42	12.90	12.99	12.42	1.281 times
09 Mon Dec 2024	12.88	12.82	13.05	12.30	1.27 times
05 Thu Dec 2024	12.15	12.30	12.34	12.14	0.214 times
04 Wed Dec 2024	12.34	12.50	12.50	12.30	0.11 times
03 Tue Dec 2024	12.92	13.35	13.48	12.87	0.114 times
26 Tue Nov 2024	13.13	13.36	13.36	12.83	1.617 times
26 Tue Nov 2024	13.13	13.36	13.36	12.83	1.617 times
25 Mon Nov 2024	13.39	13.49	13.65	13.26	1.343 times
22 Fri Nov 2024	13.36	13.37	13.46	13.15	1.079 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.7, but if it comes above 12.7, then a intra day buy could be more profitable.
If you take a sell trade below 12.7, then use 12.7 as stoploss and 11.9 as target. However if you take a buy trade in stock , then use 12.7 as stoploss and 13.33 as target.

Share price targets for Elanco Animal (ELAN)

Target Type	Value
Downside Target	11.40
Downside Target	12.14
Upside Target	12.83
Upside Target	13.48
Upside Target	13.65
Upside Target	13.90
Upside Target	14.75
Upside Target	14.98
Upside Target	15.70
Upside Target	15.78

Intraday share price targets for Elanco Animal (ELAN)

Target Type	Value
Downside Intraday Target	12.17
Downside Intraday Target	11.81
Upside Intraday Target	12.97
Upside Intraday Target	13.41
Upside Intraday Target	12.61

Weekly technical analysis of Elanco Animal (ELAN)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	12.53	12.82	13.05	12.25	8.423 times
05 Thu Dec 2024	12.15	13.35	13.48	12.14	0.271 times
26 Tue Nov 2024	13.13	13.36	13.36	12.83	0.546 times
26 Tue Nov 2024	13.13	13.49	13.65	12.83	0.507 times
22 Fri Nov 2024	13.36	13.79	13.90	13.15	1.05 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
11 Wed Dec 2024	12.53	13.35	13.48	12.14	0.156 times
26 Tue Nov 2024	13.13	12.60	14.75	12.35	0.975 times
31 Thu Oct 2024	12.64	14.61	14.98	12.19	0.88 times
30 Mon Sep 2024	14.69	15.31	15.78	13.28	0.912 times

Scroll below to view daily charts

Price has moved down 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 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 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.

Price action analysis of Elanco Animal ( (ELAN) ) based on a short to mid 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.

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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Elanco Animal in short term and the sell signal is strong.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Elanco Animal in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 12.96 and Elanco Animal (ELAN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.