Eli Lilly And Stock Technical Analysis

LLY Stock  USD 777.96  0.22  0.03%   
As of the 29th of March, Eli Lilly shows the Coefficient Of Variation of 327.98, downside deviation of 1.39, and Mean Deviation of 1.13. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Eli Lilly And, which can be compared to its rivals. Please confirm Eli Lilly And downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Eli Lilly And is priced favorably, providing market reflects its regular price of 777.96 per share. Given that Eli Lilly has jensen alpha of 0.417, we urge you to verify Eli Lilly And's prevailing market performance to make sure the company can sustain itself at a future point.

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 Analyst Consensus

Target PriceAdvice# of Analysts
603.57Strong Buy28Odds
Eli Lilly And current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Eli analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Eli stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Eli Lilly And, talking to its executives and customers, or listening to Eli conference calls.
Eli Analyst Advice Details
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 And Technical Analysis

Indicator
Time Period
Execute Indicator
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 And volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Eli Lilly And 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   3.34  , which may suggest that Eli Lilly And is still a good investment. It has 122 observation points and a regression sum of squares at 423106.44, 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 And price pattern first instead of the macroeconomic environment surrounding Eli Lilly And. 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.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01230.01070.0077550.007367
Price To Sales Ratio8.8511.5615.3816.15

Eli Lilly March 29, 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.

Eli Lilly March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Eli stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Eli Lilly And offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eli Lilly's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eli Lilly And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eli Lilly And Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Eli Lilly And. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary 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.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
CEOs Directory
Screen CEOs from public companies around the world
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Is Eli Lilly's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eli Lilly. If investors know Eli will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eli Lilly listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.13
Dividend Share
4.52
Earnings Share
5.84
Revenue Per Share
37.908
Quarterly Revenue Growth
0.281
The market value of Eli Lilly And is measured differently than its book value, which is the value of Eli that is recorded on the company's balance sheet. Investors also form their own opinion of Eli Lilly's value that differs from its market value or its book value, called intrinsic value, which is Eli Lilly's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eli Lilly's market value can be influenced by many factors that don't directly affect Eli Lilly's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eli Lilly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eli Lilly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eli Lilly's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.