LLY Technical Signal Analysis
LLY have 6 buy signals and 2 sell signals now. The current trend is consolidation starting from 2025-03-06. The total price change during this trend is -9.96%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of LLY over last 5 trading day is $3,546,272,940.84
6 Bullish Signal
2 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
7.29
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-151.04
Bullish
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.44
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
4.7
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
Bullish
Williams %R (14 days)
WILLR_14 < -80
-91.76
Bullish
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 < 0
-93.15
Bearish
Moving Average
5-day SMA crosses below 200-day SMA
--
Bearish
6 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
7.29
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-151.04
Bullish
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.44
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
4.7
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
Bullish
Williams %R (14 days)
WILLR_14 < -80
-91.76
Bullish
LLY Support and Resistance Level
The support levels for LLY are at 830.2, 800.94, and 753.58, while the resistance levels are at 924.93, 954.19, and 1001.55. With the current stock price at 803.28, it is leaning more toward the support levels.
LLY Technical Analysis
Technical Analysis of LLY Stock
Price and Volume Analysis:
- Current Price: $868 (as of 2025-03-07)
- Volume: 4,818,093
- The stock closed at $869.58 during regular hours, showing a -4.73% drop.
Technical Indicators:
- RSI: 34.58 (RSI_6), 47.25 (RSI_12), 49.18 (RSI_14) - Indicates potential overselling.
- Stochastic Oscillator: %K (63.69) < %D (77.31) - Bearish signal.
- MACD: 23.19 (MACD Line) with a signal of -2.81 - Positive but nearing a bearish crossover.
Fibonacci Levels:
- Pivot: $901.57
- Resistance: $929.92, $947.44
- Support: $873.21, $855.69
News Impact:
- Ebglyss Success: Positive long-term efficacy results, boosting LLY's pipeline.
- LillyDirect: Minimal disruption to distributors, stabilizing investor confidence.
- Hims & Hers: Indirect impact from changes in weight-loss drug regulations.
Conclusion:
The stock is near a support level with mixed indicators. While there's bearish pressure, the support and positive news suggest a potential buying opportunity if the stock stabilizes above $873.21.
Recommendation: BUY at $868, targeting resistance levels with a stop-loss below $855.69.
LLY FAQs
Which bull technical signals does LLY have?
Which bearish technical signals does LLY have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for LLY stock?
Is LLY a buy based on overall technical signals summary?
LLY Buy or Sell
LLY has 6 buy signals and 2 sell signals now. Overall the technical rating for LLY is Strong buy.
Strong buy
Sell
2
Buy
6
LLY Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 803.28 below the SMA_5. In the short term, the stock shows a negative trend with the 851.6 below the SMA_20. In the mid term, the stock shows a positive trend with the 880.63 above the SMA_60. In the long term, the stock shows a negative trend with the 821.1 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
Free Financial AI Agent for Investment
Ask any investment related question and get answer instantly
What do technical indicators suggest about LLY's current trend?What are LLY's key support and resistance levels?