Eli Lilly is neutral

Our pivot point is at 945.

Our preference

Short term technical rebound towards 945 before a new drop.

Alternative scenario

Above 945, look for 975 and 994.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the share stands above its 20 day moving average (907.8885) but below its 50 day moving average (919.815).

Supports and resistances

994 **

975 *

945 **

933

917.97 (USD-last)

869

852 **

834 *

816 **

Number of asterisks represents the strength of support and resistance levels.