14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LLY
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Eli Lilly stock price ended at $732.20 on Wednesday, after losing 1.81%.
(Updated on Apr 24, 2024)

Sell candidate since Apr 19, 2024 Gain 0.81% PDF

The Eli Lilly stock price fell by -1.81% on the last day (Wednesday, 24th Apr 2024) from $745.69 to $732.20. During the last trading day the stock fluctuated 3.27% from a day low at $728.79 to a day high of $752.64. The price has fallen in 7 of the last 10 days and is down by -3.91% for this period. Volume has increased on the last day by 547 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately $1.43 billion.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.48% during the next 3 months and, with a 90% probability hold a price between $766.27 and $913.37 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

LLY Signals & Forecast

There are few to no technical positive signals at the moment. The Eli Lilly stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $739.86 and $760.79. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 04, 2024, and so far it has fallen -7.58%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Eli Lilly stock

Eli Lilly finds support from accumulated volume at $725.38 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $23.86 (3.27%) between high and low. For the last week, the stock has had daily average volatility of 2.39%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (LLY) For The Upcoming Trading Day Of Thursday 25th

For the upcoming trading day on Thursday, 25th we expect Eli Lilly and Company to open at $737.88, and during the day (based on 14 day Average True Range), to move between $714.07 and $750.33, which gives a possible trading interval of +/-$18.13 (+/-2.48%) up or down from last closing price. If Eli Lilly and Company takes out the full calculated possible swing range there will be an estimated 4.95% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $735.68 (0.48%) than the support at $725.38 (0.93%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Earnings coming up

Eli Lilly will release earnings BMO on Tuesday, April 30, 2024.The consensus among the analysts for the expected earnings (EPS) is $2.53. We will update the financials statements for Eli Lilly, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 4.74% in the first trading day after earnings release.

Is Eli Lilly and Company stock A Buy?

The Eli Lilly stock holds several negative signals and despite the positive trend, we believe Eli Lilly will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.216 Sell Candidate Unchanged

Predicted Opening Price for Eli Lilly and Company of Thursday, April 25, 2024

Fair opening price April 25, 2024 Current price
$737.88 ( 0.775%) $732.20

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for LLY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 761.73 4.03 %
R2 752.62 2.79 %
R1 746.99 2.02 %
Current price: 732.20
Support S1 728.76 -0.469 %
S2 723.13 -1.24 %
S3 714.02 -2.48 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 755.66 3.20 %
R2 750.77 2.54 %
R1 735.68 0.475 %
Current price 732.20
Support S1 725.38 -0.93%
S2 706.20 -3.55%
S3 705.03 -3.71%

LLY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 08, 2023 Feb 15, 2024 Mar 04, 2024 $1.30 0.164%
2 Dec 08, 2023 Feb 14, 2024 Mar 08, 2024 $1.30 0.171%
3 Nov 01, 2023 Nov 14, 2023 Dec 08, 2023 $1.13 0.189%
4 Jun 26, 2023 Aug 14, 2023 Sep 08, 2023 $1.13 0.193%
5 May 01, 2023 May 12, 2023 Jun 09, 2023 $1.13 0.253%

FAQ

What is the symbol for Eli Lilly Stock and on which exchange is it traded?
The symbol for Eli Lilly is LLY and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Eli Lilly Stock?
The Eli Lilly stock holds several negative signals and despite the positive trend, we believe Eli Lilly will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Eli Lilly Stock?
Eli Lilly Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Eli Lilly Stock.

What's the current price of Eli Lilly Stock?
As of the end of day on the Apr 24, 2024, the price of an Eli Lilly (LLY) share was $732.20.

What is the 52-week high and low for Eli Lilly Stock?
The 52-week high for Eli Lilly Stock is $800.78 and the 52-week low is $370.68.

What is the market capitalization of Eli Lilly Stock?
As of the Apr 24, 2024, the market capitalization of Eli Lilly is 708.977B.

When is the next earnings date for Eli Lilly?
The upcoming earnings date for Eli Lilly is Apr 30, 2024.
Click to get the best stock tips daily for free!

About Eli Lilly and Company

Eli Lilly Eli Lilly and Company discovers, develops, and markets human pharmaceuticals worldwide. It offers Basaglar, Humalog, Humalog Mix 75/25, Humalog U-100, Humalog U-200, Humalog Mix 50/50, insulin lispro, insulin lispro protamine, insulin lispro mix 75/25, Humulin, Humulin 70/30, Humulin N, Humulin R, and Humulin U-500 for diabetes; and Jardiance, Trajenta, and Trulicity for type 2 diabetes. The company provides Alimta for non-small cell lung cancer ... LLY Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT