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(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.

10 day averaged volume of Elanco Animal is 4506010

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	12.29	12.14	12.39	12.00	1.094 times
28 Tue Jan 2025	12.17	12.14	12.47	12.04	1.165 times
27 Mon Jan 2025	12.07	12.06	12.22	11.83	1.864 times
24 Fri Jan 2025	12.08	12.10	12.27	11.97	1.358 times
23 Thu Jan 2025	12.06	12.18	12.22	11.84	0.736 times
22 Wed Jan 2025	12.10	11.94	12.19	11.81	0.729 times
21 Tue Jan 2025	12.04	12.07	12.16	11.95	0.59 times
17 Fri Jan 2025	12.02	12.02	12.19	11.97	0.935 times
17 Fri Jan 2025	12.02	12.02	12.19	11.97	0.935 times
16 Thu Jan 2025	12.01	11.78	12.05	11.71	0.895 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.1, but if it comes below 12.1, then a intra day sell could be more profitable.
If you take a sell trade below 12.1, then use 12.1 as stoploss and 11.92 as target. However if you take a buy trade in stock , then use 12.1 as stoploss and 12.4 as target.

Share price targets for Elanco Animal (ELAN)

Target Type	Value
Downside Target	11.11
Downside Target	11.50
Downside Target	11.78
Upside Target	12.35
Upside Target	12.47
Upside Target	13.28
Upside Target	13.48
Upside Target	14.75
Upside Target	14.98
Upside Target	15.78

Intraday share price targets for Elanco Animal (ELAN)

Target Type	Value
Downside Intraday Target	11.92
Downside Intraday Target	11.56
Upside Intraday Target	12.56
Upside Intraday Target	12.84
Downside Intraday Target	12.2

Weekly technical analysis of Elanco Animal (ELAN)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	12.29	12.06	12.47	11.83	1.208 times
24 Fri Jan 2025	12.08	12.07	12.27	11.81	3.65 times
17 Fri Jan 2025	12.02	12.02	12.19	11.97	0.231 times
17 Fri Jan 2025	12.02	11.34	12.19	11.17	1.623 times
10 Fri Jan 2025	11.43	11.74	11.78	11.11	0.627 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
29 Wed Jan 2025	12.29	12.22	12.47	11.11	1.326 times
31 Tue Dec 2024	12.11	13.35	13.48	11.50	0.773 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

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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Elanco Animal in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Elanco Animal in short term

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

MRSI is in positive zone. This is a BUY zone

Stock of Elanco Animal is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.09 and Elanco Animal (ELAN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.