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Is ELV showing upside potential? Directional Movement Crossover Bullish shows up after advancing 0.73%

Elevance Health, Inc. (ELV) — SwingTradeBot Technical Analysis Report · Aug 7, 2026, 17:40 ET
ELV posted a 0.73% gain on Friday, August 7th, accompanied by 0.4× normal trading volume. Multiple bullish signals emerged — Stochastic Reached Overbought and Directional Movement Crossover Bullish — suggesting potential strength ahead. Key support levels exist at 389.13, 384.03 & 380.74, with resistance at 397.52, 400.81 & 405.91. Technical indicators like Slow Stochastic reveal overbought momentum right now.

Current SwingTradeBot Technical Rating of ELV: B

What else did ELV do today? Find out on SwingTradeBot.

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Elevance Health, Inc. (ELV)