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Is ELV positioned for a breakout? Directional Movement Crossover Bullish shows up after advancing 0.72%

Elevance Health, Inc. (ELV) — SwingTradeBot Technical Analysis Report · Aug 7, 2026, 20:00 ET
ELV finished higher by 0.72% on Friday, August 7th, trading 0.4 times its typical volume. Multiple bullish signals emerged — Stochastic Reached Overbought and Directional Movement Crossover Bullish — suggesting potential strength ahead. Key support levels exist at 389.11, 384.01 & 380.72, with resistance at 397.5, 400.79 & 405.89. Meanwhile, Slow Stochastic is showing overbought conditions.

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)