ELI LILLY & CO (LLY) Stock Technical Analysis
NYSE:LLY - New York Stock Exchange, Inc. - US5324571083 - Common Stock - Currency: USD
Overall LLY gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. LLY was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, LLY is a bad performer in the overall market: 76% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month LLY has a been trading in the 760.02 - 815.19 range, which is quite wide. It is currently trading near the high of this range.
LLY has an average volume of 3366970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LLY is an average performer in the Pharmaceuticals industry, it outperforms 46% of 194 stocks in the same industry.
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 an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
706.56
957.88
When analyzing the support we can see 5 important areas.
- Support @799.90 from a horizontal line in the daily time frame.
- A support zone ranging from 783.08 to 786.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 762.73 to 770.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 726.31 to 732.19. 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.
5 important resistance areas can be observed.
- Resistance @825.89 from a trend line in the weekly time frame.
- Resistance @854.67 from a trend line in the daily time frame.
- Resistance @888.82 from a trend line in the weekly time frame.
- A resistance zone ranging from 920.64 to 932.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for LLY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LLY is up. |
| ChartMill Relative Strength | 24.03 | NEGATIVE | LLY has a low relative strength, it was outperformed by 75.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LLY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LLY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LLY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.64 | NEUTRAL | The RSI value for LLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.76 | POSITIVE | The MACD value suggests LLY has a positive trend. |
| Stochastics (14,3) | 90.56 | OVERBOUGHT | The high Stochastics value suggests LLY may be overbought. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for LLY suggests some volalility. |
| Average Directional Index/ADX (14) | 13.03 | 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)
812.69
+7.26 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.9%
1 Week5.31%
2 Weeks2.48%
1 Month2.21%
3 Month-8.12%
6 Month3.47%
12 Month1%
2 Year78.79%
3 Year146.5%
5 Year440.75%
10 Year861.65%
15 Year2182.84%
Volatility
ATR(14)19.48
ATR(20)%2.28%
ATR Inc-36.05%
Range Today12.82
ADR(20)18.22
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.03
Mansfield-1.04
10 Day High815.19
10 Day Low760.02
20 Day High815.19
20 Day Low760.02
52 Week High972.53
52 Week Low677.09
CS1 End799.9
CR1 Start825.89
Volume & EV
DER(3)3.14%
DER(5)3.05%
Volume2.98M
Volume Incr-12.86%
Vol(5)2.80M
Vol(50)3.37M