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Takip Edin: @UscMarketsLLY Stock Forecast & Eli Lilly and Chart Analysis
This article provides a detailed analysis of LLY-Eli Lilly and stock including a forecast for LLY shares. It features Eli Lilly and Company technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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LLY Historical Data Review
LLY Current Price Performance Analysis
The Eli Lilly and - LLY stock traded on the American stock market, on 06-05-2024, closed at 831.76$ with a %-0.10 decreased compared to the previous day.
In the last month, the price of LLY changed by %8.49 increased in value, from 766.68 dollars on 05-06-2024 to 831.76 dollars, increased.
Last year, the price of LLY was 443.07 dollars on 06-06-2023, and changed by %87.73 increased in value, to 831.76 dollars increased within a year.
The price of Eli Lilly and stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
LLY with AI Stock Forecast & Price Target
On the LLY chart Eli Lilly and price was recorded as 831.76 Dollars on 06/05/2024.
The artificial intelligence's forecast on LLY stock is as follows.
The artificial intelligence's prediction error margin for LLY stock is moderate.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Eli Lilly and stock over the next 4 months is: 895.4 Dollars.
The commentary on LLY stock Target Price: Highest: 1066.009 Dollars is predicted.
The commentary on LLY stock Target Price: Lowest: 714.299 Dollars is predicted.
Resistance Price where Eli Lilly and stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 11-22-2024 | 916.504 |
| 02-05-2025 | 1066.009 |
| 04-01-2025 | 1060.058 |
Support Price where Eli Lilly and stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 714.299 |
| 12-17-2024 | 889.552 |
| 03-07-2025 | 1034.174 |
The commentary on LLY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Eli Lilly and stock by the end of 2024 is predicted to be 892.029 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on LLY stock, and the 2024 target price predictions for Eli Lilly and are detailed above.
The technical analysis and charts for the commentary on LLY stock are below.
LLY Support & Resistance and Trend Analysis
LLY stock you have reviewed the technical analysis support resistance charts regarding.
LLY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the LLY review, the Eli Lilly and support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Eli Lilly and Support and Resistance Prices:
| LLY Support Level Price | LLY Resistance Level Price |
|---|---|
| 561.65 | 601.19 |
| 567.02 | 601.97 |
| 574.33 | 604.86 |
| 578.15 | 618.75 |
| 609.59 | 625.87 |
| 612.70 | 647.73 |
| 718.30 | 663.55 |
| 722.07 | 787.90 |
| 727.62 | 793.67 |
| 730.34 | 795.50 |
| 733.24 | 800.78 |
| 746.83 | 820.61 |
| 750.53 |
LLY Technical Analysis: SMA, RSI, MACD
Upon reviewing the LLY chart, buy and sell signals have been generated in the Eli Lilly and technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for LLY stock are as follows:- The technical analysis for LLY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for LLY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Eli Lilly and issued a 'Buy' signal when the MACD was at -4.202, with the current MACD value being: 18.14
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Eli Lilly and stock: Click here to read more predictions on Berkshire Hathaway stock.
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