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Pharmaceuticals Industry Stocks Technical Analysis - LLY

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- 10/16/2026 -
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Lilly (Eli) & Co. (LLY) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is overboughtBroken trend resistance line
Daily :Williams' Percentage Range is overboughtBearish Deliberation CandlestickThe price has risen above the Parabolic SARThe price is above the upper Bollinger Band
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It was a second consecutive positive week for the Lilly (Eli) & Co. (LLY). During the week, the LLY gained 77.76 points, or 6.59%, and closed at 1257.03 on Friday, October 16, 2026. It was the best weekly gain since June 26, 2026. Weekly volume was -19% below average.

LLY is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See LLY long-term trend chart]
A long-term uptrend had started on August 8, 2025 at 623.78 and reached 1292.65 on August 19, 2026. LLY gained -668.87 points, or -107.23%, in 53 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 976.44 and resistance is at 1348.40. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See LLY medium-term trend chart]
A medium-term downtrend had started on August 19, 2026 at 1292.65 and reached 1113.29 on September 11, 2026. LLY lost 179.36 points, or 13.88%, in 3 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (1136.87) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. LLY may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See LLY weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is below its signal line since September 4, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See LLY short-term trend chart]
A short-term uptrend had started on September 11, 2026 at 1113.29 and reached 1275.88 on October 15, 2026. LLY gained -162.59 points, or -14.60%, in 34 days. The chart has formed a Symmetric Triangle chart pattern.

Daily Technical Indicators: [See LLY daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range.

The daily MACD line is above its signal line since October 6, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Candlestick pattern: [See LLY candlestick chart pattern]
On Friday the chart has formed a Bearish Deliberation Candlestick pattern. This pattern occurs in an uptrend;it appears after a sustained upward move and suggests that the rally is losing strength and a reversal is possible. The reliability of the Bearish Deliberation pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Deliberation Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.94
Williams' Percentage Range (W%R) 13.70
Overbought
Lane's Stochastic (%D-Slow) 73.81
Greed/Fear Indicator (GFI) 75.34
Moving Average Converg./Diverg. (MACD) 5.07
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.18
Williams' Percentage Range (W%R) 15.20
Overbought
Lane's Stochastic (%D-Slow) 33.72
Greed/Fear Indicator (GFI) 57.39
Moving Average Converg./Diverg. (MACD) 47.73
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 1348.40
Price 1257.03
Upper Bollinger Band 1245.18
Daily Stochastic Crossing 1242.49
Weekly Trendline Resistance 1182.87
50 Day Moving Average 1180.35
20 Day Moving Average 1178.76
Weekly Stochastic Crossing 1174.22
Parabolic System 1141.51
Weekly Trendline Support 1136.87
Lower Bollinger Band 1124.72
Sector and Industry
Description Name Rank
Sector Health Care 11
Industry Pharmaceuticals 112
Daily Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Low 1113.29
Low Date 09/11/2026
High 1275.88
High Date 10/15/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 1182.87
Support 1136.87
High 1292.65
High Date 08/19/2026
Low 1113.29
Low Date 09/11/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 850.51
Low Date 04/29/2026
High 1292.65
High Date 08/19/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 1348.40
Support 976.44
Low 623.78
Low Date 08/08/2025
High 1292.65
High Date 08/19/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 27.21
Low Date 03/05/2009
High 1292.65
High Date 08/19/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.