LLY Rides Bullish EMAs Higher to $1077.75
BullishEli Lilly and Co (LLY) traded flat at $1077.75 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($1063.24) with a bullish stack. The 21-day EMA at $1041.69 provides support.
Momentum
RSI at 57.1 is in neutral territory. MACD is bullish (24.24 vs signal 24.18).