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Pharmaceuticals Industry Stocks Technical Analysis - LLYArchive - 3/21/2025 - Sign In to see current Signals. |
Lilly (Eli) & Co. (LLY) Technical Analysis
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| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was a first positive week for the Lilly (Eli) & Co. (LLY). During the week, the LLY gained 24.10 points, or 2.96%, and closed at 837.60 on Friday, March 21, 2025. Weekly volume was 21% above average.
Long-term trend: [See LLY long-term trend chart] A long-term uptrend had started on March 5, 2009 at 27.21 and reached 972.53 on August 22, 2024. LLY gained -945.32 points, or -3474.16%, in 807 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (119.09) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 long-term trend.
Medium-term trend: [See LLY medium-term trend chart] A medium-term uptrend had started on November 18, 2024 at 711.40 and reached 935.60 on March 3, 2025. LLY gained -224.20 points, or -31.52%, in 15 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 739.62 and resistance is at 957.12. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See LLY weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since February 7, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See LLY short-term trend chart] A short-term downtrend had started on March 3, 2025 at 935.60 and reached 795.40 on March 13, 2025. LLY lost 140.20 points, or 14.99%, in 10 days. The chart has formed a Falling Wedge chart pattern.
Daily Technical Indicators: [See LLY daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 Lane's Stochastic help. The daily MACD line is below its signal line since March 6, 2025. This is an indication that the short-term trend is down. 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. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
Candlestick pattern: [See LLY candlestick chart pattern] On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.
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