ELI LILLY & CO (LLY) Technical Analysis
NYSE:LLY • US5324571083
Current stock price
LLY Technical Rating and Analysis
Taking everything into account, LLY scores 0 out of 10 in our technical rating. 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.
- 66% of all other stocks performed better in the past year than LLY.
- In the last month LLY has a been trading in the 899.29 - 1064.45 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- LLY has an average volume of 3216030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- LLY is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, LLY did better than 55% of them.
- LLY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LLY is lagging the market slightly.
LLY Weekly and Daily overview Charts
LLY Setup Rating and Analysis
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
LLY Support and Resistance Analysis
897.62
When analyzing the support we notice one important area.
- A support zone ranging from 906.69 to 906.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 981.67 to 1008.40. 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 | NEUTRAL | NEUTRAL | The long term trend for LLY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LLY is down. |
| ChartMill Relative Strength | 34.97 | NEUTRAL | LLY is not amongst the best or worst performers 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 | POSITIVE | The current price of LLY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.58 | NEUTRAL | The RSI value for LLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -9.43 | NEGATIVE | The MACD value suggests LLY has a negative trend. |
| Stochastics (14,3) | 7.63 | OVERSOLD | The low Stochastics value suggests LLY may be oversold. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for LLY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.13 | 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
906.7
-10.8 (-1.18%)
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 LLY stock?
ELI LILLY & CO (LLY) has an RSI value of 30.5772. This indicates that the stock is currently neutral.
What is the MACD signal for LLY stock?
The MACD indicator for ELI LILLY & CO (LLY) has a value of -9.42984, indicating a bearish trend.
Can you provide the support and resistance levels for ELI LILLY & CO?
ELI LILLY & CO (LLY) has a support level at 906.69 and a resistance level at 981.67. Check the full technical report for our detailed analysis of LLY support and resistance levels.