Eli Lilly (Germany) Technical Analysis

LLY Stock   764.20  33.50  4.58%   
As of the 22nd of December, Eli Lilly shows the Standard Deviation of 2.3, mean deviation of 1.59, and Variance of 5.27. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Eli Lilly, as well as the relationship between them.

Eli Lilly Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Eli, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Eli
  
Eli Lilly's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Eli Lilly technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Eli Lilly technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eli Lilly trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Eli Lilly Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Eli Lilly volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Eli Lilly Trend Analysis

Use this graph to draw trend lines for Eli Lilly and. You can use it to identify possible trend reversals for Eli Lilly as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Eli Lilly price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Eli Lilly Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eli Lilly and applied against its price change over selected period. The best fit line has a slop of   1.6  , which may suggest that Eli Lilly and market price will keep on failing further. It has 122 observation points and a regression sum of squares at 96334.24, which is the sum of squared deviations for the predicted Eli Lilly price change compared to its average price change.

About Eli Lilly Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Eli Lilly and on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Eli Lilly and based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Eli Lilly price pattern first instead of the macroeconomic environment surrounding Eli Lilly. By analyzing Eli Lilly's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Eli Lilly's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Eli Lilly specific price patterns or momentum indicators. Please read more on our technical analysis page.

Eli Lilly December 22, 2024 Technical Indicators

Most technical analysis of Eli help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Eli from various momentum indicators to cycle indicators. When you analyze Eli charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Additional Tools for Eli Stock Analysis

When running Eli Lilly's price analysis, check to measure Eli Lilly's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eli Lilly is operating at the current time. Most of Eli Lilly's value examination focuses on studying past and present price action to predict the probability of Eli Lilly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eli Lilly's price. Additionally, you may evaluate how the addition of Eli Lilly to your portfolios can decrease your overall portfolio volatility.