ELI LILLY AND CO. - 1H - Technical analysis published on 07/11/2022 (GMT)
- 235
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 323.48 USD
My targets
332.74 USD (+0.72%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ELI LILLY AND CO. as long as the price remains well above 323.48 USD. The buyers' bullish objective is set at 332.74 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.9
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ELI LILLY AND CO. rating 330.35 USD. On the day, this instrument lost -0.04% and was between 329.43 USD and 332.68 USD. This implies that the price is at +0.28% from its lowest and at -0.70% from its highest.329.43
332.68
330.35
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ELI LILLY AND CO.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ELI LILLY AND CO. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 310.64 | 315.38 | 323.48 | 330.35 | 332.74 |
| Change (%) | -5.97% | -4.53% | -2.08% | - | +0.72% |
| Change | -19.71 | -14.97 | -6.87 | - | +2.39 |
| Level | Minor | Intermediate | Major | - | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 317.89 | 322.02 | 326.25 | 330.38 | 334.61 | 338.74 | 342.97 |
| Camarilla | 328.17 | 328.94 | 329.70 | 330.47 | 331.24 | 332.00 | 332.77 |
| Woodie | 317.93 | 322.05 | 326.29 | 330.41 | 334.65 | 338.77 | 343.01 |
| Fibonacci | 322.02 | 325.22 | 327.19 | 330.38 | 333.58 | 335.55 | 338.74 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 305.84 | 312.38 | 321.43 | 327.97 | 337.02 | 343.56 | 352.61 |
| Camarilla | 326.18 | 327.61 | 329.04 | 330.47 | 331.90 | 333.33 | 334.76 |
| Woodie | 307.09 | 313.01 | 322.68 | 328.60 | 338.27 | 344.19 | 353.86 |
| Fibonacci | 312.38 | 318.34 | 322.02 | 327.97 | 333.93 | 337.61 | 343.56 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 246.87 | 264.99 | 294.61 | 312.73 | 342.35 | 360.47 | 390.09 |
| Camarilla | 311.10 | 315.48 | 319.85 | 324.23 | 328.61 | 332.98 | 337.36 |
| Woodie | 252.62 | 267.87 | 300.36 | 315.61 | 348.10 | 363.35 | 395.84 |
| Fibonacci | 264.99 | 283.23 | 294.49 | 312.73 | 330.97 | 342.23 | 360.47 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.41 | |
| MACD (12,26,9): | 1.2100 | |
| Directional Movement: | 11.81 | |
| AROON (14): | 7.15 | |
| DEMA (21): | 331.73 | |
| Parabolic SAR (0,02-0,02-0,2): | 327.83 | |
| Elder Ray (13): | 0.16 | |
| Super Trend (3,10): | 325.05 | |
| Zig ZAG (10): | 330.45 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 59.39 | |
| TEMA (21): | 331.40 | |
| Williams %R (14): | -50.78 | |
| Chande Momentum Oscillator (20): | -1.12 | |
| Repulse (5,40,3): | -0.3800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 1.07 |
| MA7: | 327.85 | |
| MA20: | 312.82 | |
| MA50: | 304.73 | |
| MA100: | 290.44 | |
| MAexp7: | 330.81 | |
| MAexp20: | 329.98 | |
| MAexp50: | 326.78 | |
| MAexp100: | 321.24 | |
| Price / MA7: | +0.76% | |
| Price / MA20: | +5.60% | |
| Price / MA50: | +8.41% | |
| Price / MA100: | +13.74% | |
| Price / MAexp7: | -0.14% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | +1.09% | |
| Price / MAexp100: | +2.84% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The last news published on ELI LILLY AND CO. at the time of the generation of this analysis was as follows:
- Baricitinib in Combination with Remdesivir Reduces Time to Recovery in Hospitalized Patients with COVID-19 in NIAID-Sponsored ACTT-2 Trial
- Eli Lilly and Company: Eli Lilly and Company Files 10-Q
- Eli Lilly and Company: Eli Lilly and Company Files 8-K
- Eli Lilly and Company: Eli Lilly and Company Files Form 4
- Eli Lilly and Company: Eli Lilly and Company Files 8-K
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis ELI LILLY AND CO. - 1H