Is Elevance Health, Inc. technically bullish or bearish?
As of October 3, 2025, Elevance Health's technical trend is neutral with mixed signals, showing mild bullishness on weekly indicators but bearishness on monthly ones, while it has outperformed the S&P 500 recently but lags behind year-to-date.
As of 3 October 2025, the technical trend for Elevance Health, Inc. has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD and KST are mildly bullish, while the monthly MACD and KST are bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly. Moving averages indicate a mildly bearish trend on the daily timeframe. The Bollinger Bands are bullish weekly but mildly bearish monthly. Dow Theory supports a mildly bullish stance on both weekly and monthly charts.In terms of performance, Elevance Health has outperformed the S&P 500 over the past week and month, returning 10.01% and 8.99% respectively, while it lags behind on a year-to-date and yearly basis, with returns of -4.99% and -29.65% compared to the S&P 500's 14.18% and 17.82%. Overall, the mixed signals suggest a cautious approach is warranted.
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