Potential 33% gain in ELVElevance Health, Inc.NYSE:ELVADmytrenko2ELV has a potential for a reversal for potentially 33% gain. Using the Data Distribution with Extreme Clusters custom indicator, we can see that the stock is overextended on both the 5D chart (longer term) and 1D (shorter term) chart. The last weekly bar ended up on a very high volume. Looking at the trends, one thing that is often noticeable, is that moves end and begin on large volume. Since it is down 40% off its highs, coupled with large volume, there is a possibility that the stock will reverse. Zero-Lag USI on 1D chart is showing a buy signal as the background changed to green, while Zero-Lag USI on 5D chart is showing a black background, which means that there is a possibility that momentum of the stock may change.