Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-24 View latest technical analysis

10 day averaged volume of Elanco Animal is 5177005

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	11.88	11.87	11.95	11.73	0.258 times
23 Mon Dec 2024	11.86	11.62	11.92	11.60	0.627 times
20 Fri Dec 2024	11.63	11.73	12.19	11.63	1.823 times
19 Thu Dec 2024	11.82	11.62	11.90	11.50	1.059 times
18 Wed Dec 2024	11.73	12.29	12.47	11.69	1.403 times
17 Tue Dec 2024	12.31	12.09	12.36	12.03	0.705 times
16 Mon Dec 2024	12.14	12.05	12.24	12.03	0.663 times
13 Fri Dec 2024	12.10	12.47	12.62	12.07	1.616 times
12 Thu Dec 2024	12.59	12.52	12.64	12.43	0.534 times
11 Wed Dec 2024	12.53	12.50	12.68	12.25	0.738 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.9, but if it comes above 11.9, then a intra day buy could be more profitable.
If you take a sell trade below 11.9, then use 11.9 as stoploss and 11.2 as target. However if you take a buy trade in stock , then use 11.9 as stoploss and 12.49 as target.

Share price targets for Elanco Animal (ELAN)

Target Type	Value
Downside Target	11.40
Upside Target	11.95
Upside Target	12.83
Upside Target	13.28
Upside Target	13.36
Upside Target	13.48
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	11.67
Downside Intraday Target	11.46
Upside Intraday Target	12.02
Upside Intraday Target	12.16
Downside Intraday Target	11.81

Weekly technical analysis of Elanco Animal (ELAN)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	11.88	11.62	11.95	11.60	0.157 times
20 Fri Dec 2024	11.63	12.05	12.47	11.50	1.243 times
13 Fri Dec 2024	12.10	12.82	13.05	12.07	15.974 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

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Elanco Animal (ELAN)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	11.88	13.35	13.48	11.50	0.663 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 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 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 Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Elanco Animal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Elanco Animal in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 11.98 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.