(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 2024-05-23 View latest technical analysis
10 day averaged volume of Elanco Animal is 4294760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 16.49 | 16.90 | 16.91 | 16.32 | 0.763 times |
| 22 Wed May 2024 | 16.93 | 16.66 | 17.30 | 16.55 | 1.459 times |
| 21 Tue May 2024 | 16.70 | 16.98 | 17.14 | 16.65 | 0.736 times |
| 20 Mon May 2024 | 17.00 | 17.06 | 17.16 | 16.93 | 0.799 times |
| 17 Fri May 2024 | 17.19 | 17.00 | 17.42 | 16.85 | 1.29 times |
| 16 Thu May 2024 | 16.98 | 16.94 | 17.16 | 16.86 | 0.562 times |
| 15 Wed May 2024 | 17.04 | 17.33 | 17.40 | 17.04 | 0.996 times |
| 14 Tue May 2024 | 17.07 | 17.16 | 17.27 | 16.89 | 0.76 times |
| 13 Mon May 2024 | 17.00 | 17.21 | 17.21 | 16.93 | 0.813 times |
| 10 Fri May 2024 | 17.00 | 17.24 | 17.34 | 16.79 | 0.859 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 17.3 as stoploss in an intra day sell trade for a target of 15.52. However, stock will show a bullish move above 17.3.
Share price targets for Elanco Animal (ELAN)
| Target Type | Value |
| Downside Target | 12.69 |
| Downside Target | 12.99 |
| Downside Target | 13.82 |
| Downside Target | 14.35 |
| Downside Target | 15.52 |
| Downside Target | 15.94 |
| Downside Target | 16.32 |
| Upside Target | 16.85 |
| Upside Target | 16.88 |
| Upside Target | 17.30 |
| Upside Target | 17.42 |
| Upside Target | 17.43 |
Intraday share price targets for Elanco Animal (ELAN)
| Target Type | Value |
| Downside Intraday Target | 16.11 |
| Downside Intraday Target | 15.72 |
| Upside Intraday Target | 17.09 |
| Upside Intraday Target | 17.68 |
| Upside Intraday Target | 16.7 |
Weekly technical analysis of Elanco Animal (ELAN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 16.49 | 17.06 | 17.30 | 16.32 | 0.85 times |
| 17 Fri May 2024 | 17.19 | 17.21 | 17.42 | 16.85 | 0.449 times |
| 10 Fri May 2024 | 17.00 | 13.59 | 17.43 | 13.22 | 2.254 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 |
Price has moved down 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 |
| 23 Thu May 2024 | 16.49 | 13.10 | 17.43 | 12.99 | 0.928 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 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 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 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 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 losing momentum.
MACD generated a BUY signal for Elanco Animal in short term and the buy 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 16.96 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.
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 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 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 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 losing momentum.
MACD generated a BUY signal for Elanco Animal in short term and the buy 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 16.96 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.