Elanco Animal Health (ELAN, $10.83) entered Downtrend as Momentum indicator drops below 0 level on Mar 19, 2025

#PharmaceuticalsOther, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap
ELAN - Elanco Animal Health
Momentum signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $10.83
Daily change: +$0.02 (+0.19%)
Daily volume: 3.5M
Capitalization: $5.4B
Industry: Pharmaceuticals: Other

This indicator may be signaling that ELAN's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 73 similar cases where ELAN's Momentum Indicator fell below the 0 level, and 60 of them led to a successful outcome. Odds of Success: 82%.