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LLY

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BREAKOUT REVERSAL
Support
$992
Resistance
$1080
LLY Eli Lilly and Company daily candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — breakout reversal as of May 22, 2026
LLY Daily chart 2026-05-22 20:38:19 UTC
AI-generated analysis — not financial advice. For educational purposes only.

LLY Daily Technical Analysis Summary

As of May 22, 2026, LLY (Eli Lilly and Company) is in a breakout reversal state on the daily chart, with a confidence level of 67%. Key support is at $992 and key resistance at $1080. Strong rally from the April swing low (~$880s) back above the full MA cluster; latest candles show upside momentum with RSI ~68 and price now well above EMA50/EMA100.

Price Scenarios & Targets

bullish

Bullish continuation: pullback/retest holds the reclaimed MA zone (SMA100/EMA50 area) then push toward prior supply near the January/February congestion and the ~$1120 spike zone.

Price Target
$1120
Path to target
First move
$1080
Pullback
$1000
Final target
$1120

bearish

Failed breakout: rejection at ~$1080 then a deeper mean-reversion back into the long-term MA shelf (EMA200/SMA200 area).

Price Target
$940
Path to target
First move
$992
Pullback
$1035
Final target
$940

Key Triggers

Confirmation & Invalidation

✓ Confirmation

2+ daily closes above $1080

✗ Invalidation

Daily close back below $992

Position Entry & Exit Levels

⊕ Add

Start $990 – $1010
Add $955 – $975
Heavy $925 – $940

Start on pullback into reclaimed SMA100/round-$1000; add if price revisits EMA100/EMA200 confluence; heavy add near EMA200/SMA200 shelf where prior demand repeatedly showed up.

⊖ Derisk

Trim 1 $1120 – $1160
Trim 2 $1180 – $1250
Close $1280 – $1400

Trim into prior highs/extension zones above $1120; increase trimming on a measured move beyond the range highs; close if price becomes far extended above long MAs with momentum likely mature (late-wave risk).

Frequently Asked Questions

What is the daily technical outlook for LLY today?

As of May 22, 2026, LLY (Eli Lilly and Company) is in a breakout reversal state on the daily chart with 67% confidence. Strong rally from the April swing low (~$880s) back above the full MA cluster; latest candles show upside momentum with RSI ~68 and price now well above EMA50/EMA100.

What are the daily support and resistance levels for LLY?

On the daily timeframe, LLY has key support at $992 and key resistance at $1080. The most likely scenario (bullish) targets $1080 and $1120, with a revert level at $1000.

Is LLY in an uptrend or downtrend?

LLY (Eli Lilly and Company) is currently classified as breakout reversal on the daily chart, with 67% confidence. Confirmation requires: 2+ daily closes above $1080 This would be invalidated by: Daily close back below $992

What are the price targets for LLY?

The most likely scenario (bullish) targets $1080 and $1120, with a revert level at $1000. The alternative scenario (bearish) targets $992 and $940.

Other Timeframes for LLY
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