LLY Daily Technical Analysis
Eli Lilly & Co.
Pharma leader in diabetes and obesity treatments including Mounjaro and Zepbound.
LLY Technical Analysis Summary
Eli Lilly (LLY) maintains a commanding long-term uptrend, comfortably supported by a rising 200-day SMA. However, the stock is currently undergoing a corrective phase, trading within a descending channel and below its shorter-term moving averages. While a recent bounce off the lower Bollinger Band hints at short-term relief, buyers must push the price back above the 50-day SMA near 1045 to signal an end to the pullback and a resumption of the primary upward momentum.
Included In Lists
Related Tickers of Interest
LLY Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a corrective phase, trading below the 20-day and 50-day SMAs with a sequence of lower highs and lower lows. MACD is below its signal line in negative territory, confirming short-term downward momentum, despite a recent bounce off the lower Bollinger Band.
Long-term Sentiment (weeks to months): Bullish
The primary trend remains robustly upward. The price is situated well above a rising 200-day SMA, and the historical market structure is characterized by major higher highs and higher lows.
Report Metadata
- Timeframe: daily
- Generated at: 2026-03-09T21:02:19.610Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $972.50 | $960.00 - $985.00 | Weak | Immediate support zone defined by the recent swing low and the lower Bollinger Band. |
| $900.00 | $880.00 - $920.00 | Strong | Major structural support zone aligning with previous consolidation and the rising 200-day SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $1,035.00 | $1,020.00 - $1,050.00 | Moderate | Initial overhead resistance cluster comprising the 20-day and 50-day Simple Moving Averages. |
| $1,090.00 | $1,080.00 - $1,100.00 | Moderate | Recent lower high swing zone establishing the upper bound of the current short-term downtrend. |
| $1,150.00 | $1,140.00 - $1,160.00 | Strong | All-time high peak resistance area. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Descending Channel / Corrective Pullback | Bearish | N/A | Price action since the all-time high has formed a downward-sloping channel characterized by lower highs and lower lows, indicating an ongoing intermediate correction. |
| Weak | Bollinger Band Bounce | Bullish | $1,023.00 | The most recent candlestick shows a bullish reaction after touching the lower Bollinger Band, suggesting potential for a short-term mean-reversion move. |
Frequently Asked Questions about LLY
What is the current sentiment for LLY?
The short-term sentiment for LLY is currently Bearish because Price is in a corrective phase, trading below the 20-day and 50-day SMAs with a sequence of lower highs and lower lows. MACD is below its signal line in negative territory, confirming short-term downward momentum, despite a recent bounce off the lower Bollinger Band.. 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 $972.50 and $900.00. 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 43/100. 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.