ESTEE LAUDER COMPANIES

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	EL
ISIN:

ESTEE LAUDER COMPANIES - Daily - Technical analysis published on 08/03/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

28%

My opinion

Bullish above 249.76 USD

My targets

284.35 USD (+6.05%)

298.03 USD (+11.15%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ESTEE LAUDER COMPANIES as long as the price remains well above 249.76 USD. The buyers' bullish objective is set at 284.35 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 298.03 USD. If there is any crossing, the next objective would be the resistance located at 323.54 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.3

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ESTEE LAUDER COMPANIES rating is 268.13 USD. On the day, this instrument lost -0.10% and was traded between 264.92 USD and 270.28 USD over the period. The price is currently at +1.21% from its lowest and -0.80% from its highest.

264.92

270.28

268.13

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ESTEE LAUDER COMPANIES indicates that the overall trend is bullish. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	215.90	228.60	249.76	268.13	271.32	284.35	298.03
Change (%)	-19.48%	-14.74%	-6.85%	-	+1.19%	+6.05%	+11.15%
Change	-52.23	-39.53	-18.37	-	+3.19	+16.22	+29.90
Level	Major	Minor	Intermediate	-	Major	Minor	Minor

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
Standard	259.74	263.46	265.92	269.64	272.10	275.82	278.28
Camarilla	266.69	267.26	267.82	268.39	268.96	269.52	270.09
Woodie	259.12	263.15	265.30	269.33	271.48	275.51	277.66
Fibonacci	263.46	265.82	267.28	269.64	272.00	273.46	275.82

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	234.35	242.52	257.81	265.98	281.27	289.44	304.73
Camarilla	266.65	268.80	270.95	273.10	275.25	277.40	279.55
Woodie	237.91	244.30	261.37	267.76	284.83	291.22	308.29
Fibonacci	242.52	251.48	257.02	265.98	274.94	280.48	289.44

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	214.07	226.29	249.70	261.92	285.33	297.55	320.96
Camarilla	263.30	266.57	269.83	273.10	276.37	279.63	282.90
Woodie	219.66	229.09	255.29	264.72	290.92	300.35	326.55
Fibonacci	226.29	239.90	248.31	261.92	275.53	283.94	297.55

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):	58.36
MACD (12,26,9):	4.8000
Directional Movement:	7.97
AROON (14):	85.71
DEMA (21):	266.34
Parabolic SAR (0,02-0,02-0,2):	244.56
Elder Ray (13):	4.04
Super Trend (3,10):	249.11
Zig ZAG (10):	268.07
VORTEX (21):	1.0400
Stochastique (14,3,5):	85.71
TEMA (21):	269.88
Williams %R (14):	-22.28
Chande Momentum Oscillator (20):	22.20
Repulse (5,40,3):	0.9700
ROCnROLL:	1
TRIX (15,9):	0.1800
Courbe Coppock:	15.26

MA7:	267.08
MA20:	257.28
MA50:	254.09
MA100:	257.01
MAexp7:	267.11
MAexp20:	260.82
MAexp50:	257.33
MAexp100:	263.84
Price / MA7:	+0.39%
Price / MA20:	+4.22%
Price / MA50:	+5.53%
Price / MA100:	+4.33%
Price / MAexp7:	+0.38%
Price / MAexp20:	+2.80%
Price / MAexp50:	+4.20%
Price / MAexp100:	+1.63%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on ESTEE LAUDER COMPANIES. At the time of publication of this analysis, the latest news was as follows:

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

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