ELI LILLY & CO (LLY) Technical Analysis
NYSE:LLY • US5324571083
Current stock price
LLY Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to LLY. LLY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, LLY is a bad performer in the overall market: 75% of all stocks are doing better.
- LLY has an average volume of 3152910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- LLY is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, LLY did better than 45% of them.
- LLY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LLY is lagging the market.
- In the last month LLY has a been trading in the 877.11 - 976.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LLY Weekly and Daily overview Charts
LLY Setup Rating and Analysis
Although the technical rating is bad, LLY does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 901.20, a Stop Loss order could be placed below this zone.
More info and screens
LLY Support and Resistance Analysis
869.45
We found 2 important support areas.
- A support zone ranging from 898.89 to 901.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 878.23 to 878.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 919.65 to 939.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 955.20 to 961.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1087.38 from a horizontal line in the daily time frame.
- Resistance @1109.94 from a horizontal line in the daily time frame.
LLY Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for LLY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LLY is down. |
| ChartMill Relative Strength | 25.15 | NEGATIVE | LLY has a low relative strength, it was outperformed by 74.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LLY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LLY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LLY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.82 | NEUTRAL | The RSI value for LLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.78 | POSITIVE | The MACD value suggests LLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.54 | NEUTRAL | The Stochastics value for LLY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for LLY suggests some volalility. |
| Average Directional Index/ADX (14) | 15.62 | NEGATIVE | The low ADX value for LLY suggests a weak or negative trend. |
LLY Chart- and CandleStick Pattern Analysis
LLY Technicals: Chart, Performance Metrics, Trend & Indicators
903.99
-1.04 (-0.11%)
ELI LILLY & CO / LLY TA FAQ
Can you provide the ChartMill technical rating for ELI LILLY & CO?
ChartMill assigns a technical rating of 0 / 10 to LLY.
What is the current trend direction of ELI LILLY & CO (LLY) stock?
The current trend direction for ELI LILLY & CO (LLY) is Bearish.
What is the RSI signal for ELI LILLY & CO (LLY) stock?
ELI LILLY & CO (LLY) has an RSI value of 39.8225. This indicates that the stock is currently neutral.
What is the buy/sell signal for ELI LILLY & CO (LLY) stock?
The buy/sell signal for ELI LILLY & CO (LLY) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ELI LILLY & CO?
ELI LILLY & CO (LLY) has a support level at 901.2 and a resistance level at 919.65. Check the full technical report for our detailed analysis of LLY support and resistance levels.