ESTEE LAUDER COMPANIES-CL A (EL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EL - US5184391044 - Common Stock
Overall EL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, EL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although EL has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
82.81
4 important support areas can be observed.
- A support zone ranging from 94.72 to 95.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @89.36 from a trend line in the daily time frame.
- Strong support @86.04 from a horizontal line in the daily time frame.
- Support @83.65 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @105.57 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EL is up. |
| ChartMill Relative Strength | 87.92 | POSITIVE | EL has a high relative strength, it outperformed 87.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.04 | NEUTRAL | The RSI value for EL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.36 | POSITIVE | The MACD value suggests EL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.37 | OVERBOUGHT | The high Stochastics value suggests EL may be overbought. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for EL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.94 | POSITIVE | The high ADX value value for EL suggests a strong trend. |
105.56
-1.72 (-1.6%)
ESTEE LAUDER COMPANIES-CL A / EL FAQ
What is the ChartMill technical rating of ESTEE LAUDER COMPANIES-CL A (EL) stock?
ChartMill assigns a technical rating of 10 / 10 to EL.
Can you provide the trend direction for ESTEE LAUDER COMPANIES-CL A?
The current trend direction for ESTEE LAUDER COMPANIES-CL A (EL) is Bullish.
What is the RSI signal for EL stock?
ESTEE LAUDER COMPANIES-CL A (EL) has an RSI value of 66.0392. This indicates that the stock is currently neutral.
What is the MACD signal for EL stock?
The MACD indicator for ESTEE LAUDER COMPANIES-CL A (EL) has a value of 1.36228, indicating a bullish trend.
Can you provide the short term momentum for ESTEE LAUDER COMPANIES-CL A?
The short term momentum for ESTEE LAUDER COMPANIES-CL A (EL) is positive.