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Pharmaceuticals Industry Stocks Technical Analysis - LLYArchive - 6/6/2025 - 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 second consecutive positive week for the Lilly (Eli) & Co. (LLY). During the week, the LLY gained 32.21 points, or 4.37%, and closed at 769.88 on Friday, June 6, 2025. It was the best weekly gain since April 25, 2025. Weekly volume was -15% below 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 (120.36) 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 downtrend had started on March 3, 2025 at 935.60 and reached 677.10 on April 7, 2025. LLY lost 258.50 points, or 27.63%, in 5 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 717.70 and resistance is at 881.51. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle 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 below its signal line since March 28, 2025. This is an indication that the medium-term trend is down. 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 May 23, 2025 at 709.00 and reached 772.62 on June 4, 2025. LLY gained -63.62 points, or -8.97%, in 12 days. Price is near the trend high.
Daily Technical Indicators: [See LLY daily technical indicators chart] Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily 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 links to access Lane's Stochastic and Williams' Percentage Range help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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. Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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.
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