ELI LILLY & CO (LLY) Stock Technical Analysis
NYSE:LLY - New York Stock Exchange, Inc. - US5324571083 - Common Stock - Currency: USD
Taking everything into account, LLY scores 2 out of 10 in our technical rating. In the past year, LLY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
79% of all other stocks performed better in the past year than LLY.
In the last month LLY has a been trading in the 730.70 - 825.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
LLY has an average volume of 4164260 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 195 other stocks in this industry, LLY did better than 46% 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.
LLY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
706.56
957.88
When analyzing the support we can see 3 important areas.
- Support @779.07 from a trend line in the daily time frame.
- A support zone ranging from 726.03 to 727.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 713.70 to 713.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
7 important resistance areas can be observed.
- A resistance zone ranging from 781.62 to 793.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @819.37 from a horizontal line in the daily time frame.
- Resistance @839.43 from a trend line in the weekly time frame.
- Resistance @868.18 from a trend line in the daily time frame.
- Resistance @884.55 from a horizontal line in the weekly time frame.
- Resistance @924.56 from a horizontal line in the daily time frame.
- Resistance @948.40 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for LLY is neutral. |
| ChartMill Relative Strength | 21.58 | NEGATIVE | LLY has a low relative strength, it was outperformed by 78.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LLY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LLY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LLY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.39 | NEUTRAL | The RSI value for LLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.69 | NEGATIVE | The MACD value suggests LLY has a negative trend. |
| Stochastics (14,3) | 40.04 | NEUTRAL | The Stochastics value for LLY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for LLY suggests some volalility. |
| Average Directional Index/ADX (14) | 14.85 | NEGATIVE | The low ADX value for LLY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
779.53
+4.08 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.53%
1 Week1.15%
2 Weeks-4.86%
1 Month5.67%
3 Month5.6%
6 Month-0.31%
12 Month-14.77%
2 Year66.22%
3 Year140.43%
5 Year374.8%
10 Year833.68%
15 Year2226.96%
Volatility
ATR(14)20.46
ATR(20)%2.42%
ATR Inc1.98%
Range Today11
ADR(20)18.2
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.58
Mansfield-1.25
10 Day High825
10 Day Low755.56
20 Day High825
20 Day Low730.7
52 Week High972.53
52 Week Low677.09
CS1 End727.2
CR1 Start776.35
Volume & EV
DER(3)-1.04%
DER(5)0.1%
Volume3.04M
Volume Incr-3.35%
Vol(5)3.22M
Vol(50)4.16M