|
|
Estee Lauder (EL) |
 |
| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Estee Lauder (EL). During the week, the EL dropped -5.44 points, or -2.72%, and closed at 194.44 on Friday, May 26, 2023. EL was trading at average weekly trading volume. 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 186.47 on November 3, 2022. EL lost 187.73 points, or 50.17%, in 43 weeks. Price is near the trend low.
Medium-term trend: [See EL medium-term trend chart] A medium-term uptrend had started on November 3, 2022 at 186.47 and reached 283.62 on February 2, 2023. EL gained -97.15 points, or -52.10%, in 13 weeks. The price is now at the 91.80% retracement level.
Weekly Technical Indicators: [See EL weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. 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 Williams' Percentage Range help. The weekly MACD line is below its signal line since April 28, 2023. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.
Short-term trend: [See EL short-term trend chart] A short-term downtrend had started on April 21, 2023 at 260.46 and reached 188.28 on May 24, 2023. EL lost 72.18 points, or 27.71%, in 33 days. The price is now at the 8.53% retracement level.
Daily Technical Indicators: [See EL daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
| |
|
|