Eli Lilly LLY technical analysis

LLY trades at $1151.8, up 0.73% in 24 hours. Momentum is weak but not capitulating, with 4h RSI14 at 27 and daily RSI14 at 32, both below the SMA20s at 1,185.41 and 1,198.47 respectively, confirming a mixed trend.

Price is battling inside the 4h support zone of 1,134.4-1,147, which has six touches, against the 4h resistance at 1,161.78-1,165.22, tested once. A rising support trendline at roughly 1,140.33 on 4h and 1,139.79 on daily reinforces this congestion area, with upper resistance clusters at 1,172.21-1,175.65 and 1,187.98-1,191.43.

Bulls need to hold above 1,147 and reclaim the 1,161.78-1,165.22 zone to target 1,172.21-1,175.65. Bears must break below 1,134.4, opening the path to 1,108.86-1,112.3 support.