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Stock Charts AI Power Rank: 9.4
Power Rank trending -> UP

Last Price: 890.11 - Change: 6.23 - Change %: 0.7048
06/24/2024 16:09:00 EST

Eli Lilly and Company (LLY)

Industry: Drug Manufacturers - General

Price Support Resistance

In the past 20 trading days, LLY has been trading in a range between $891.46 and $807.43 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.

LLY is trading below resistance at $891.46, about 0% to the upside. There is support at $772.86 -13% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.

Upside / Downside Potential

Eli Lilly and Company $LLY entered a Green zone 34 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $603.57, a potential down side of -32.19% from the recent price of 890.11. The stock is trading 1.72% (potential upside) below its 52 week high of $905.45 and 106.46 % (potential downside) above its 52 week low of $431.12 - based on the recent price.

Company Summary

Eli Lilly and Company discovers, develops, and markets human pharmaceuticals worldwide The company 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; Jardiance, Mounjaro, and Trulicity for type 2 diabetes; and Zepbound for obesity. It also provides oncology products, including Alimta, Cyramza, Erbitux, Jaypirca, Retevmo, Tyvyt, and Verzenio.

LLY Website

News

Lilly Declares Third-Quarter 2024 Dividend
INDIANAPOLIS , June 24, 2024 /PRNewswire/ -- The board of directors of Eli Lilly and Company (NYSE: LLY) has declared a dividend for the third quarter of 2024 of $1.30 per share on outstanding common stock. The dividend is payable on Sept.
Source: PRNewsWire
Mon, 24 Jun 2024 11:30:00 -0400
Sentiment: Neutral
Why a Pair of Eli Lilly Clinical Trials Sent ResMed Stock Tumbling
Shares of medical device maker ResMed (RMD) are tumbling in intraday trading Monday as markets react to a pair of Phase 3 clinical trials from drugmaker Eli Lilly (LLY) released Friday that could have an impact on ResMed's future business.
Source: Investopedia
Mon, 24 Jun 2024 11:26:15 -0400
Sentiment: Negative
Medical-device makers ResMed and Inspire slump after Lilly's Zepbound trial shows benefits for sleep apnea
Shares of medical-device makers ResMed Inc. and Inspire Medical Systems Inc. tumbled on Monday after Eli Lilly & Co. said it has applied for regulatory approval of its weight-loss drug Zepbound to include treatment of sleep apnea.
Source: Market Watch
Mon, 24 Jun 2024 11:26:00 -0400
Sentiment: Negative
Investors Heavily Search Eli Lilly and Company (LLY): Here is What You Need to Know
Lilly (LLY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Source: Zacks Investment Research
Mon, 24 Jun 2024 10:05:35 -0400
Sentiment: Positive
Eli Lilly's Weight-Loss Drug Takes Down ResMed, Inspire Medical — Again
ResMed stock and Inspire Medical Systems stock tumbled Monday after Eli Lilly said its weight-loss drug reduced sleep apnea events.
Source: Investors Business Daily
Mon, 24 Jun 2024 09:23:57 -0400
Sentiment: Negative
Instituions Institution %: 83.771
Last QTR Institution change: -3058740

Insiders
Insiders %: 0.164
Insiders Purchases last QTR: 0
Insiders Sales last QTR: 957859
Insiders Net last QTR: -957859

Analyst Ratings
Target Price: 603.57
Overall Rating: 4.2857
Strong Buys (5): 16
Buys (4): 5
Holds (3): 6
Sells (2): 1
Strong Sells (1): 0

Technicals
52 Week Hi: 905.45
52 Week Low: 431.1198
Beta: 0.363
50 Day MA: 797.314
200 Day MA: 683.1523

Earnings / Revenue Trends
Qtr Earnings Growth YOY: 0.664
Qtr Revenue Growth YOY: 0.26
Forward PE: 60.241
Trailing PE: 130.7063

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