ELI LILLY & CO (LLY) Stock Technical Analysis
USA - NYSE:LLY - US5324571083 - Common Stock
799.57 USD
-9.39 (-1.16%)
798.33 USD
-1.24 (-0.16%)
Overall LLY gets a technical rating of 7 out of 10. Although LLY is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, LLY is a bad performer in the overall market: 77% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
LLY has an average volume of 3939890 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 48% of 191 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.
In the last month LLY has a been trading in the 712.05 - 864.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although LLY has an excellent technical rating, it does not present a decent entry opportunity 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
626.47
957.88
We found 4 important support areas.
- A support zone ranging from 758.01 to 763.10. 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 714.58 to 730.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @695.33 from a horizontal line in the daily time frame.
- Support @632.80 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 799.90 to 803.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 822.36 to 855.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @869.12 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for LLY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LLY is up. |
| ChartMill Relative Strength | 23.56 | NEGATIVE | LLY has a low relative strength, it was outperformed by 76.44% 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 | POSITIVE | The current price of LLY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LLY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.27 | NEUTRAL | The RSI value for LLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.93 | NEGATIVE | The MACD value suggests LLY has a negative trend. |
| Stochastics (14,3) | 40.16 | NEUTRAL | The Stochastics value for LLY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for LLY suggests some volalility. |
| Average Directional Index/ADX (14) | 20.68 | NEUTRAL | The ADX value for LLY suggests a possible start of a new 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)
799.57
-9.39 (-1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.16%
1 Week-1.57%
2 Weeks-5.22%
1 Month7.04%
3 Month-1.61%
6 Month-9.61%
12 Month-10.43%
2 Year44.35%
3 Year120.82%
5 Year512.89%
10 Year880.23%
15 Year2171.51%
Volatility
ATR(14)19.94
ATR(20)%2.86%
ATR Inc-54.32%
Range Today14.28
ADR(20)21.82
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.56
Mansfield-0.89
10 Day High864.35
10 Day Low783.85
20 Day High864.35
20 Day Low712.05
52 Week High935.63
52 Week Low623.78
CS1 End763.1
CR1 Start799.9
Volume & EV
DER(3)0.69%
DER(5)0.49%
Volume2.10M
Volume Incr-34.02%
Vol(5)2.60M
Vol(50)3.94M