LLY Weekly Technical Analysis
Eli Lilly & Co.
Pharma leader in diabetes and obesity treatments including Mounjaro and Zepbound.
LLY Technical Analysis Summary
LLY remains in a powerful multi-year uptrend, supported by a strong bullish alignment of its major moving averages. However, following an extended parabolic advance, the stock is currently undergoing a noticeable corrective phase. Short-term indicators like the MACD and RSI suggest further consolidation or downward pressure is possible before the longer-term uptrend resumes, with the 50-week SMA serving as a key area of interest for a potential base.
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LLY Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Short-term momentum has shifted to the downside, evidenced by a bearish MACD crossover, a declining RSI moving away from overbought territory, and a sequence of lower weekly highs.
Long-term Sentiment (weeks to months): Bullish
The long-term structural uptrend remains firmly intact, with price holding significantly above the sharply rising 50-week and 200-week simple moving averages.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:33:41.862Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $860.00 | $850.00 - $870.00 | Strong | Confluence zone of the rising 50-week SMA and a prior area of price consolidation/swing highs. |
| $625.00 | $600.00 - $650.00 | Strong | Major long-term support defined by a significant prior consolidation base and the approaching 200-week SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $1,100.00 | $1,080.00 - $1,120.00 | Weak | Initial resistance at the most recent lower swing high on the weekly chart. |
| $1,190.00 | $1,180.00 - $1,200.00 | Strong | The recent all-time high zone and area near the upper Bollinger Band. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Potential Double Top | Bearish | N/A | The chart shows two distinct price peaks forming near the 1180-1200 level over several weeks, followed by a downward reversal, suggesting a potential medium-term top. |
Frequently Asked Questions about LLY
What is the current sentiment for LLY?
The short-term sentiment for LLY is currently Bearish because Short-term momentum has shifted to the downside, evidenced by a bearish MACD crossover, a declining RSI moving away from overbought territory, and a sequence of lower weekly highs.. 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 $860.00 and $625.00. 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 71/100. It is currently flagged as a significant dip in the Top Dips list. It is also listed as a Value Dip because long-term sentiment is bullish.
View the full interactive analysis on StockDips.AI.