ELI LILLY AND CO.
ELI LILLY AND CO.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: LLY
ISIN:

ELI LILLY AND CO. - 1H - Technical analysis published on 09/23/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Slightly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 150.94 USD
My targets
149.09 USD (-0.53%)
147.44 USD (-1.63%)
My analysis
The strong short-term decline of ELI LILLY AND CO. reinforces the current slightly bearish trend. As long as the price remains below 150.94 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 149.09 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 147.44 USD as an objective. Crossing it would then enable sellers to target 146.51 USD. A return to above 150.94 USD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

ELI LILLY AND CO. rating 149.89 USD. On the day, this instrument gained +0.02% with the lowest point at 149.43 USD and the highest point at 150.80 USD. The deviation from the price is +0.31% for the low point and -0.60% for the high point.

149.43
150.80
149.89

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this 1H chart of ELI LILLY AND CO. indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 146.51 147.44 149.09 149.89 150.94 151.69 152.97
Change (%) -2.25% -1.63% -0.53% - +0.70% +1.20% +2.05%
Change -3.38 -2.45 -0.80 - +1.05 +1.80 +3.08
Level Minor Minor Intermediate - Minor Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard146.40147.77148.82150.19151.24152.61153.66
Camarilla149.19149.42149.64149.86150.08150.30150.53
Woodie146.23147.69148.65150.11151.07152.53153.49
Fibonacci147.77148.70149.27150.19151.12151.69152.61


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard142.56145.02149.59152.05156.62159.08163.65
Camarilla152.24152.88153.53154.17154.81155.46156.10
Woodie143.63145.55150.66152.58157.69159.61164.72
Fibonacci145.02147.70149.36152.05154.73156.39159.08


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard133.91140.44144.42150.95154.93161.46165.44
Camarilla145.50146.46147.43148.39149.35150.32151.28
Woodie132.63139.80143.14150.31153.65160.82164.16
Fibonacci140.44144.46146.94150.95154.97157.45161.46

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 47.42
MACD (12,26,9): -0.4100
Directional Movement: 1.70
AROON (14): -28.57
DEMA (21): 150.04
Parabolic SAR (0,02-0,02-0,2): 149.09
Elder Ray (13): 0.09
Super Trend (3,10): 152.87
Zig ZAG (10): 149.80
VORTEX (21): 0.8400
Stochastique (14,3,5): 35.55
TEMA (21): 149.52
Williams %R (14): -66.14
Chande Momentum Oscillator (20): 0.18
Repulse (5,40,3): -0.0600
ROCnROLL: 2
TRIX (15,9): -0.0400
Courbe Coppock: 3.03
MA7: 151.20
MA20: 149.72
MA50: 153.57
MA100: 155.04
MAexp7: 150.00
MAexp20: 150.56
MAexp50: 150.71
MAexp100: 150.47
Price / MA7: -0.87%
Price / MA20: +0.11%
Price / MA50: -2.40%
Price / MA100: -3.32%
Price / MAexp7: -0.07%
Price / MAexp20: -0.45%
Price / MAexp50: -0.54%
Price / MAexp100: -0.39%

Quotes : 2020-09-23 15:13:13 - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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