ESTEE LAUDER COMPANIES-CL A (EL) Stock Technical Analysis
NYSE:EL - New York Stock Exchange, Inc. - US5184391044 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to EL. Although EL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
In the last month EL has a been trading in the 84.42 - 95.47 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
EL is part of the Personal Care Products industry. There are 35 other stocks in this industry. EL outperforms 70% of them.
EL has an average volume of 4472180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that EL is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this relatively good performance is mostly due to a recent big move.
EL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EL is lagging the market.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, EL also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 87.71, a Stop Loss order could be placed below this zone.
More info and screens
84.09
96.21
We found 1 important support area.
- A support zone ranging from 84.94 to 87.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 90.22 to 91.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @95.26 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for EL is neutral. |
| ChartMill Relative Strength | 78.58 | POSITIVE | EL has a high relative strength, it outperformed 78.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EL is below 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) | 47.61 | NEUTRAL | The RSI value for EL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.92 | NEGATIVE | The MACD value suggests EL has a negative trend. |
| Stochastics (14,3) | 24.2 | NEUTRAL | The Stochastics value for EL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for EL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.14 | NEUTRAL | The ADX value for EL suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 91.09 | 84.93 | 6.16 (6.76%) | 14.79% |
| An entry @91.09. This is a Buy Stop order right above the resistance zone. | An exit @84.93. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.16 points, which is 6.76%. | For a 1.00% total portfolio risk, you can invest 14.79% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
87.72
+1.15 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg1.33%
1 Week-1.99%
2 Weeks-3.84%
1 Month1.09%
3 Month37.73%
6 Month22.17%
12 Month-6.38%
2 Year-45.36%
3 Year-65.52%
5 Year-60.44%
10 Year9.97%
15 Year212.9%
Volatility
ATR(14)3.14
ATR(20)%3.67%
ATR Inc56.7%
Range Today4.01
ADR(20)2.9
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.58
Mansfield0.71
10 Day High95.47
10 Day Low84.42
20 Day High95.47
20 Day Low84.42
52 Week High103.44
52 Week Low48.37
CS1 End87.71
CR1 Start90.22
Volume & EV
DER(3)0.23%
DER(5)-0.23%
Volume6.32M
Volume Incr96.48%
Vol(5)7.00M
Vol(50)4.47M