Eli Lilly may fall to 654.00 - 681.00

824 is our pivot point.

Our preference

The downside prevails as long as 824 is resistance.

Alternative scenario

The upside breakout of 824 would call for 872 and 899.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 849.813 and 865.4922).

Supports and resistances

899 **

872 *

824 **

805

772.14 (USD-last)

708

681 **

654 *

626 **

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