Anthem Health changed their name to Elevance Health (ELV) but the charts and indicators have not changed. Let's check them out before they report their latest earnings figures on Wednesday.
In this daily bar chart of Action Alerts PLUS holding ELV, below, I can see that prices have spent the month of January below the 50-day and the 200-day moving average lines. The slopes of both of these indicators have turned negative.
The On-Balance-Volume (OBV) line has declined since early December telling me that sellers of ELV are more aggressive than buyers. The Moving Average Convergence Divergence (MACD) oscillator is bearish.