Elevance Health (ELV, $382.14) price may climb as it broke lower Bollinger Band on Dec 06, 2024

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ELV - Elevance Health
Bollinger signal
Bullish Trend
79%
Odds of UP Trend
Price: $382.14
Daily change: -$10.84 (-2.76%)
Daily volume: 2.7M
Industry: Managed Health Care

This price move could be a signal that ELV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. A.I.dvisor backtested 43 similar cases where ELV's price broke its lower Bollinger Band, and 34 of them led to a successful outcome. Odds of Success: 79%.