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Downtrend Broken Resist.Archive - 5/2/2025 - Sign In to see current Signals. |
Estee Lauder (EL) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | During the week, the EL has not change and closed at 59.39 on Friday, May 2, 2025. Weekly volume was 7% above average. EL is a member of Consumer Staples Sector. Consumer Staples is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See EL long-term trend chart] A long-term downtrend had started on January 3, 2022 at 374.20 and reached 48.37 on April 9, 2025. EL lost 325.83 points, or 87.07%, in 170 weeks. The chart has formed a Falling Channel chart pattern. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
Medium-term trend: [See EL medium-term trend chart] A medium-term downtrend had started on January 27, 2025 at 86.32 and reached 48.37 on April 9, 2025. EL lost 37.95 points, or 43.96%, in 10 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (42.45) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. EL may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See EL weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is below its signal line since April 4, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See EL short-term trend chart] A short-term uptrend had started on April 9, 2025 at 48.37 and reached 60.75 on May 2, 2025. EL gained -12.38 points, or -25.59%, in 23 days. The price is now at the 10.99% retracement level.
Daily Technical Indicators: [See EL daily technical indicators chart] Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Williams' Percentage Range help. The daily MACD line is above its signal line since April 21, 2025. This is an indication that the short-term trend is up.
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