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LLY

weekly
Daily Weekly Monthly
UPTREND
Support
$940
Resistance
$1090
LLY Eli Lilly and Company weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — uptrend as of May 22, 2026
LLY Weekly chart 2026-05-22 20:38:25 UTC
AI-generated analysis — not financial advice. For educational purposes only.

LLY Weekly Technical Analysis Summary

As of May 22, 2026, LLY (Eli Lilly and Company) is in a uptrend state on the weekly chart, with a confidence level of 72%. Key support is at $940 and key resistance at $1090. Weekly bounce from the $940–$960 area with a strong push back above EMA50 ($928) and toward prior supply near $1,080–$1,100; trend MAs are stacked bullish and rising.

Price Scenarios & Targets

bullish

Base-to-continuation: price holds above EMA50/SMA50 and breaks the $1,080–$1,100 supply zone, then trends to a retest/extension of the prior highs.

Price Target
$1180
Path to target
First move
$1120
Pullback
$1020
Final target
$1180

bearish

Deeper pullback: rejection near $1,080–$1,100 leads to a retrace into the rising MA cluster; buyers defend and form a higher low (or, if lost, risk of a larger correction).

Price Target
$900
Path to target
First move
$960
Pullback
$1050
Final target
$900

Key Triggers

Confirmation & Invalidation

✓ Confirmation

2 weekly closes above $1,080 (prior swing supply) would confirm continuation

✗ Invalidation

Weekly close below $900 would invalidate the near-term uptrend control (loss of EMA50/SMA50 area)

Position Entry & Exit Levels

⊕ Add

Start $960 – $1000
Add $920 – $960
Heavy $850 – $900

Start/add are aligned with the swing-low support + EMA50/SMA50 region; heavy add only if a deeper fib-style retrace reaches the EMA100/SMA100 area (~$855–$871) while the long-term uptrend (EMA200/SMA200) remains intact.

⊖ Derisk

Trim 1 $1120 – $1180
Trim 2 $1180 – $1260
Close $1260 – $1350

Trim into break/extension above prior supply ($1,080–$1,100) and potential Elliott Wave 5-style advance; progressively derisk if price becomes stretched well above EMA50/EMA100 with RSI pushing into overbought and weekly ranges expanding.

Frequently Asked Questions

What is the weekly technical outlook for LLY today?

As of May 22, 2026, LLY (Eli Lilly and Company) is in a uptrend state on the weekly chart with 72% confidence. Weekly bounce from the $940–$960 area with a strong push back above EMA50 ($928) and toward prior supply near $1,080–$1,100; trend MAs are stacked bullish and rising.

What are the weekly support and resistance levels for LLY?

On the weekly timeframe, LLY has key support at $940 and key resistance at $1090. The most likely scenario (bullish) targets $1120 and $1180, with a revert level at $1020.

Is LLY in an uptrend or downtrend?

LLY (Eli Lilly and Company) is currently classified as uptrend on the weekly chart, with 72% confidence. Confirmation requires: 2 weekly closes above $1,080 (prior swing supply) would confirm continuation This would be invalidated by: Weekly close below $900 would invalidate the near-term uptrend control (loss of EMA50/SMA50 area)

What are the price targets for LLY?

The most likely scenario (bullish) targets $1120 and $1180, with a revert level at $1020. The alternative scenario (bearish) targets $960 and $900.

Other Timeframes for LLY
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