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Taking a Closer Look At Elevance Health Inc (ELV) Following Its Recent Trade

Elevance Health Inc’s recently made public that its EVP & CFO Kaye Mark unloaded Company’s shares for reported $1.95 million on Apr 24 ’25. In the deal valued at $424.82 per share,4,588 shares were sold. As a result of this transaction, Kaye Mark now holds 18,977 shares worth roughly $7.86 million.

Then, Kaye Mark bought 4,588 shares, generating $1,949,051 in total proceeds.

Before that, Penczek Ronald W sold 443 shares. Elevance Health Inc shares valued at $183,903 were divested by the CAO & Controller at a price of $415.13 per share. As a result of the transaction, Penczek Ronald W now holds 1,847 shares, worth roughly $0.76 million.

Robert W. Baird downgraded its Elevance Health Inc [ELV] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in mid March from “a Hold” to “a Buy”. Stephens also remained covering ELV and has decreased its forecast on January 22, 2025 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Argus revised its rating on October 18, 2024. It rated ELV as “a Hold” which previously was an “a Buy”.

Price Performance Review of ELV

On Tuesday, Elevance Health Inc [NYSE:ELV] saw its stock fall -0.56% to $413.98. Over the last five days, the stock has gained 0.08%. Elevance Health Inc shares have risen nearly 12.22% since the year began. Nevertheless, the stocks have fallen -21.24% over the past one year. While a 52-week high of $567.26 was reached on 04/08/25, a 52-week low of $362.21 was recorded on 01/02/25. SMA at 50 days reached $420.89, while 200 days put it at $444.01.

Levels Of Support And Resistance For ELV Stock

The 24-hour chart illustrates a support level at 411.72, which if violated will result in even more drops to 409.47. On the upside, there is a resistance level at 417.02. A further resistance level may holdings at 420.07. The Relative Strength Index (RSI) on the 14-day chart is 45.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.34%. Stochastics %K at 45.08% indicates the stock is a holding.

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