ESTEE LAUDER COMPANIES-CL A (EL) Stock Technical Analysis
USA - NYSE:EL - US5184391044 - Common Stock
Overall EL gets a technical rating of 1 out of 10. EL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, EL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 86.04, a Stop Loss order could be placed below this zone.
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82.81
When analyzing the support we can see 2 important areas.
- Support @86.04 from a horizontal line in the daily time frame.
- A support zone ranging from 83.65 to 83.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 88.18 to 89.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 91.53 to 92.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 99.62 to 99.87. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for EL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EL is down. |
| ChartMill Relative Strength | 79.65 | POSITIVE | EL has a high relative strength, it outperformed 79.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EL is below a declining 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) | 40.03 | NEUTRAL | The RSI value for EL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.78 | NEGATIVE | The MACD value suggests EL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.21 | OVERSOLD | The low Stochastics value suggests EL may be oversold. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for EL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.85 | NEUTRAL | The ADX value for EL suggests a possible start of a new trend. |
86.61
+0.7 (+0.81%)
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 1 / 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 Bearish.
What is the RSI signal for EL stock?
ESTEE LAUDER COMPANIES-CL A (EL) has an RSI value of 40.0344. 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 -0.783946, indicating a bearish 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 negative.