Eli Lilly & Co (LLY): Technical Analysis
$952.79
Eli Lilly & Co (LLY): Technical Analysis
05 Nov 2025, 17:14
Chart & Data from IG
Dominos’ stock is currently trading at around $355.52 a share. We can see that the price has fallen off a cliff since its peak in January 2022, but it may have now found a support base going into the last quarter of 2023. Looking at the chart based on the weekly interval, we can see that its price has tried to form clear support on three different occasions but has failed each time. These are highlighted by the ovals. The lower horizontal trendline highlights the potential fixed support level, which reads $285.91. The reason why this level is marked as support is because the long-term bearish trend was broken as the price climbed above the descending trendline. The price managed to rise and close above the resistance of $395.17 but has now retraced. Perhaps some profit-taking was taking place. Resistance now sits at $369.76 then at $388.09 and then once again at $395.17. Another break above $395.17 could see a move higher towards $408.85 (July’s peak). Whereas the support now sits at $330.72 and a break below it may see a move back towards the base support of $285.91. Looking at the technical indicators, they are mixed. The MACD has turned negative but the RSI is neutral as it reads 48.