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ELV Stock Analysis

Data source: Trade-Ideas Alerts | 49 alerts analyzed | Backtest period: 2022-07-26 → 2024-11-29

⚠️ Small sample size (49 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

📍 NYSE 📅 IPO: Oct 30, 2001 🔗 www.elevancehealth.com
💰 Market Cap: $82.46B 👥 Employees: 104,200
Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 46 million medical members as of June 2025. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states through government-sponsored programs, such as Medicaid and Medicare Advantage plans, too. It is also an emerging player in pharmacy benefit management and other healthcare services.
📊
49
Total Alerts
🎯
65.3%
Win Rate (60MIN)
💰
+0.24%
Avg Gain (60MIN)
🚀
+1.39%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 53.1%
Avg Gain: +0.07%
Avg Winner: +0.74%
Avg Loser: -0.70%
Best: +3.23%
Worst: -2.87%
Trades: 26/23

15MIN

Win Rate: 59.2%
Avg Gain: +0.22%
Avg Winner: +0.79%
Avg Loser: -0.60%
Best: +2.80%
Worst: -1.78%
Trades: 29/20

30MIN

Win Rate: 55.1%
Avg Gain: +0.21%
Avg Winner: +0.93%
Avg Loser: -0.68%
Best: +3.05%
Worst: -2.27%
Trades: 27/22

60MIN

Win Rate: 65.3%
Avg Gain: +0.24%
Avg Winner: +0.91%
Avg Loser: -1.02%
Best: +2.73%
Worst: -3.73%
Trades: 32/17

EOD (End of Day)

Win Rate: 59.2%
Avg Gain: +0.49%
Avg Winner: +1.34%
Avg Loser: -0.75%
Best: +5.88%
Worst: -3.24%
Trades: 29/20

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +1.39%
Best MFE: +6.56%
Avg Time to MFE: 138 min

On average, ELV alerts reach +1.39% profit potential within 138 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -0.49%
Worst MAE: -5.17%
Avg Time to MAE: 11 min

Before reaching MFE, expect an average drawdown of 0.49%.

⚖️ Risk/Reward Ratio

2.85:1

Excellent risk/reward - potential gain is 2.85x the typical drawdown.

💡 Trading Insight: Based on 49 alerts, ELV typically reaches +1.39% profit before pulling back. Consider setting profit targets around 1.1% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 49
Gap Up % 42.9%
Avg Gap -0.02%
Best Gap +3.22%

🏭 Sector Comparison: HOSPITAL & MEDICAL SERVICE PLANS

How ELV compares to 10 other tickers in the same sector.

5-Min Gain
ELV: +0.07% Sector: -0.05% +0.12%
EOD Gain
ELV: +0.49% Sector: +0.06% +0.42%
Avg MFE
ELV: +1.39% Sector: +2.93% -1.54%

📋 Last 20 Alerts

Historical ELV alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2024-11-29 09:28:25 $404.0 +0.19% +0.26% +0.60% +0.92% +0.73% +1.42% -0.88% -0.74% WIN
2024-10-22 09:29:48 $418.39 +0.80% -0.19% -0.78% -1.18% +0.35% +0.93% -0.81% -0.79% WIN
2024-10-17 09:25:44 $419.69 -2.87% -0.68% +1.84% +2.34% +5.88% +6.56% -5.17% -3.52% LOSS
2024-10-07 09:27:33 $494.2 -0.91% -0.71% -0.29% -0.67% -0.44% -0.13% -1.25% -0.44% LOSS
2024-06-04 09:27:17 $542.72 -0.49% -0.44% -0.46% -0.46% -0.42% +0.20% -0.95% -0.08% LOSS
2024-03-14 09:25:04 $492.88 +3.23% +2.80% +3.05% +2.69% +3.59% +3.67% +2.90% +3.22% WIN
2024-03-01 09:25:41 $501.25 -0.76% -0.80% -1.72% -1.55% -0.43% - - -0.33% LOSS
2024-02-29 09:25:16 $495.12 +1.59% +1.41% +1.63% +1.10% +1.24% +1.99% +1.41% +1.59% WIN
2024-02-09 09:29:40 $502.15 -0.17% -0.20% +0.33% +0.11% +0.78% +0.93% -0.39% -0.24% LOSS
2024-02-08 09:29:09 $497.87 +0.72% +0.52% +0.79% +1.07% +0.86% +1.25% +0.43% +0.50% WIN
2023-11-30 09:29:00 $466.48 +0.17% +1.08% +1.16% +1.08% +2.79% +3.00% -0.30% +0.25% WIN
2023-11-16 09:29:00 $457.06 +0.63% +1.04% +1.67% +0.97% +1.43% +1.78% -0.23% +0.17% WIN
2023-11-02 09:26:00 $449.0 -0.90% -1.78% -1.82% -2.38% +0.56% +0.65% -2.58% -0.62% LOSS
2023-10-18 09:27:00 $485.0 -2.76% -1.16% -2.27% -3.73% -3.24% +0.33% -0.22% -0.83% LOSS
2023-09-13 09:25:00 $440.63 +1.41% +1.19% +0.84% +0.39% +0.58% +1.45% +1.00% +1.22% WIN
2023-09-12 09:26:00 $443.0 +0.70% -0.78% -0.36% +0.54% +0.52% +1.17% -1.67% +0.68% WIN
2023-09-01 09:28:00 $445.5 +0.51% +0.25% -0.06% -0.31% -0.70% +0.57% -0.02% +0.07% WIN
2023-08-16 09:27:00 $467.8 +0.50% +0.62% +0.43% +0.30% -0.57% +0.75% -0.28% +0.18% WIN
2023-07-24 09:29:00 $475.58 -0.43% -0.45% -0.44% -0.63% -0.93% -0.06% -1.09% -0.76% LOSS
2023-06-23 09:28:00 $450.3 +0.15% +0.08% +0.24% +0.22% +0.02% +0.73% -0.68% -0.43% WIN

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

🚀 Beat the 65.3% Baseline on ELV

The 65.3% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push ELV's performance to 75%+.

Optimize ELV Strategy →

Why Analyze ELV with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for ELV. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, ELV historically offers an average upside of +1.39% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 ELV Momentum Personality

With a baseline win rate of 65.3%, ELV shows strong follow-through, making it a prime candidate for momentum strategies.

⏱️ Optimized Exit Timing

Don't guess when to sell. Our backtests show ELV performs best on the 60MIN timeframe (Avg Gain: +0.24%), signaling that gains often fade later in the session.