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LLY Daily Technical Analysis

Eli Lilly & Co.

Pharma leader in diabetes and obesity treatments including Mounjaro and Zepbound.

Last price: $1,078.13 Value score: 56.19 Short-term sentiment: Neutral Long-term sentiment: Bullish Last updated: 2026-01-23T15:04:35.776Z

LLY Technical Analysis Summary

Eli Lilly (LLY) maintains a strong long-term bullish posture, trading well above its key moving averages. In the short term, the stock is consolidating gains, bounded by resistance near 1,130 and support at the 50-day SMA around 1,052. Momentum indicators like MACD have turned negative, suggesting a cooling period or pause is currently underway before a potential trend resumption.

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LLY Daily Chart

Daily candlestick price chart for LLY as of 2026-01-23T15:04:35.776Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.
Daily candlestick price chart for LLY as of 2026-01-23T15:04:35.776Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.

Sentiment

Short-term Sentiment (days to weeks): Neutral

Price is consolidating within a range, having pulled back from recent highs. While the MACD shows a bearish crossover and negative histogram indicating cooling momentum, the price remains supported above the 50-day SMA and the Bollinger Band midline (20-day SMA).

Long-term Sentiment (weeks to months): Bullish

The stock is in a robust long-term uptrend, trading significantly above the rising 200-day and 50-day SMAs. The recent price action represents a consolidation within a broader upward structure.

Report Metadata

Support Price Levels

Level Range Strength Notes
$1,052.50 $1,050.00 - $1,055.00 Strong Confluence of the 50-day SMA (1,052.90) and recent consolidation lows.
$1,032.50 $1,030.00 - $1,035.00 Weak Lower Bollinger Band area acting as dynamic support.
$987.50 $975.00 - $1,000.00 Strong Previous breakout zone and psychological round number.

Resistance Price Levels

Level Range Strength Notes
$1,111.00 $1,107.00 - $1,115.00 Weak Upper Bollinger Band and immediate consolidation ceiling.
$1,132.50 $1,125.00 - $1,140.00 Strong Recent swing highs and all-time high territory.

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Bull Flag / Consolidation Bullish $1,250.00 After a sharp rally from roughly 750 to 1100, the price has been moving sideways in a defined range, allowing moving averages to catch up.
Weak Potential Double Top Bearish $970.00 Two recent peaks near the 1130 level (late Dec and mid-Jan) could suggest a reversal if the neckline support at 1050 fails.

Frequently Asked Questions about LLY

What is the current sentiment for LLY?

The short-term sentiment for LLY is currently Neutral because Price is consolidating within a range, having pulled back from recent highs. While the MACD shows a bearish crossover and negative histogram indicating cooling momentum, the price remains supported above the 50-day SMA and the Bollinger Band midline (20-day SMA).. The long-term trend is classified as Bullish.

What are the key support levels for LLY?

StockDips.AI has identified key support levels for LLY at $1,052.50 and $1,032.50. These levels may represent potential accumulation zones where buying interest could emerge.

Is LLY in a significant dip or a Value Dip right now?

LLY has a Value Score of 56/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.

View the full interactive analysis on StockDips.AI.