ELI LILLY & CO (LLY) Stock Technical Analysis
NYSE:LLY - US5324571083 - Common Stock
732.58 USD
+0.62 (+0.08%)
719.8 USD
-12.78 (-1.74%)
We assign a technical rating of 1 out of 10 to LLY. LLY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
86% of all other stocks performed better in the past year than LLY.
In the last month LLY has a been trading in the 623.78 - 774.48 range, which is quite wide. It is currently trading near the high of this range.
LLY has an average volume of 4771450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
LLY is an average performer in the Pharmaceuticals industry, it outperforms 40% of 195 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.
The technical rating of LLY is bad and it also does not present a quality setup 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
619.38
957.88
We found 2 important support areas.
- A support zone ranging from 715.83 to 725.58. 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 625.64 to 627.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 776.14 to 799.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 812.70 to 819.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @881.24 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 | DOWN | NEGATIVE | The long term trend for LLY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LLY is up. |
| ChartMill Relative Strength | 14.54 | NEGATIVE | LLY has a low relative strength, it was outperformed by 85.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LLY is above 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) | DOWN | NEGATIVE | The current price of LLY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.9 | NEUTRAL | The RSI value for LLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 8.3 | POSITIVE | The MACD value suggests LLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.6 | OVERBOUGHT | The high Stochastics value suggests LLY may be overbought. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for LLY suggests some volalility. |
| Average Directional Index/ADX (14) | 20.54 | 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)
732.58
+0.62 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.08%
1 Week2.94%
2 Weeks4.47%
1 Month-3.9%
3 Month-0.69%
6 Month-20.43%
12 Month-23.69%
2 Year32.19%
3 Year143.2%
5 Year393.69%
10 Year789.59%
15 Year2080.95%
Volatility
ATR(14)18.75
ATR(20)%3.38%
ATR Inc-51.02%
Range Today8.92
ADR(20)19.95
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.54
Mansfield-1.72
10 Day High746.59
10 Day Low685.15
20 Day High774.48
20 Day Low623.78
52 Week High969.65
52 Week Low623.78
CS1 End725.58
CR1 Start776.14
Volume & EV
DER(3)1.35%
DER(5)0.67%
Volume2.55M
Volume Incr-41.06%
Vol(5)4.12M
Vol(50)4.77M