Eli Lilly & Co. $LLY Bullish Price Trend Alert, Power Gauge Remains Bullish
The Chaikin Power Gauge RatingTM for LLY is bullish due to very attractive financial metrics, very bullish price/volume activity and positive expert opinions. The rating also reflects very weak earnings performance.
LLY's financial metrics are excellent due to a high return on equity and low price to sales ratio.
Marc Chaikin is a recognized expert in stock market analysis. He developed computerized stock selection models for professional money managers as well as for individual investors. In addition, he pioneered and created the first real-time analytics workstation for portfolio managers and stock traders; his proprietary analytics are now part of Thomson Reuters’ institutional workstation.
Marc also created the widely-used Chaikin Oscillator and Chaikin Persistency of Money Flow, the basis of Investor’s Business Daily’s Accumulation/Distribution Rating. His indicators’ predictive value has made them de facto standards in most technical analysis software packages.