ESTEE LAUDER COMPANIES
ESTEE LAUDER COMPANIES
- USD (-)
- 15 min delayed data - NYSE Stocks
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Change: -
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High / Low range: -
Type: Stocks
Ticker: EL
ISIN:

ESTEE LAUDER COMPANIES - Daily - Technical analysis published on 08/29/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 205.17 USD
My targets
-
My analysis
ESTEE LAUDER COMPANIES is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 205.17 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

ESTEE LAUDER COMPANIES rating 222.93 USD. The price registered an increase of +3.01% on the session and was traded between 216.20 USD and 223.54 USD over the period. The price is currently at +3.11% from its lowest and -0.27% from its highest.

216.20
223.54
222.93

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ESTEE LAUDER COMPANIES:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of ESTEE LAUDER COMPANIES in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 181.75 205.17 219.88 222.93
Change (%) -18.47% -7.97% -1.37% -
Change -41.18 -17.76 -3.05 -
Level Minor Major Major -



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard213.38214.62215.51216.75217.64218.88219.77
Camarilla215.82216.02216.22216.41216.61216.80217.00
Woodie213.22214.53215.35216.66217.48218.79219.61
Fibonacci214.62215.43215.93216.75217.56218.06218.88


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard174.96184.33195.44204.82215.93225.30236.41
Camarilla200.92202.80204.67206.55208.43210.31212.18
Woodie175.82184.77196.31205.25216.79225.74237.28
Fibonacci184.33192.16196.99204.82212.64217.48225.30


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard171.74178.40187.75194.42203.77210.43219.78
Camarilla192.70194.17195.63197.10198.57200.04201.51
Woodie173.08179.07189.10195.09205.11211.10221.12
Fibonacci178.40184.52188.30194.42200.54204.32210.43

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 69.36
MACD (12,26,9): 5.5700
Directional Movement: 21.76
AROON (14): 42.86
DEMA (21): 215.98
Parabolic SAR (0,02-0,02-0,2): 195.13
Elder Ray (13): 7.90
Super Trend (3,10): 203.72
Zig ZAG (10): 222.93
VORTEX (21): 1.2700
Stochastique (14,3,5): 95.52
TEMA (21): 218.21
Williams %R (14): -2.04
Chande Momentum Oscillator (20): 11.90
Repulse (5,40,3): 5.1100
ROCnROLL: 1
TRIX (15,9): 0.3400
Courbe Coppock: 11.90
MA7: 212.42
MA20: 208.38
MA50: 198.29
MA100: 188.61
MAexp7: 215.31
MAexp20: 208.98
MAexp50: 200.82
MAexp100: 194.52
Price / MA7: +4.95%
Price / MA20: +6.98%
Price / MA50: +12.43%
Price / MA100: +18.20%
Price / MAexp7: +3.54%
Price / MAexp20: +6.68%
Price / MAexp50: +11.01%
Price / MAexp100: +14.61%

Quotes : 2020-08-28 19:59:59 - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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