ELAN Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Innovation from recent partnerships suggests ELAN could experience growth momentum, making it an appealing buy despite historical volatility. Implied volatility suggests market acceptance of potential upside in the near term.




Bearish Case: Ongoing underperformance against benchmarks, alongside high market volatility and mean-reverting price action, raises concerns for sustained investor confidence. Recent data indicates probabilities favor continued downward pressure.




Potential Outcomes:

1. Price stabilization at around $13 (20% probability).

2. Moderate rise to $14 due to positive sentiments towards partnerships (40% probability).

3. Decline below $12 as historical pressures continue (40% probability).




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October 21, 2024


Elanco Animal Health Forecast

ELAN        Elanco Animal Health











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