|
Pharmaceuticals Industry Stocks Technical Analysis - LLYArchive - 1/3/2025 - Sign In to see current Signals. |
Lilly (Eli) & Co. (LLY) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Lilly (Eli) & Co. (LLY). During the week, the LLY gave back -1.20 points, or -0.15%, and closed at 782.00 on Friday, January 3, 2025. Weekly volume was -37% below average. LLY is a member of Health Care Sector. Health Care is the second most oversold 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 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 (115.42) 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 October 23, 2019 at 101.36 and reached 972.53 on August 22, 2024. LLY gained -871.17 points, or -859.48%, in 252 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (454.65) 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 medium-term trend. Weekly Technical Indicators: [See LLY weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since September 6, 2024. 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 December 4, 2024 at 846.46 and reached 752.40 on December 19, 2024. LLY lost 94.06 points, or 11.11%, in 15 days. The chart has formed a Symmetric Triangle chart pattern. Daily Technical Indicators: [See LLY daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since December 20, 2024. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
| |
|
|