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Bullish Moving Average Cross by Estee Lauder (EL)

By David Diaz

Today, shares of Estee Lauder (NYSE:EL) have advanced above their 10-day MA of $91.27 on a volume of 342K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Estee Lauder share prices have been bracketed by a low of $73.67 and a high of $97.48 and are now at $92.17, 25% above that low price. The 200-day and 50-day moving averages have moved 0.12% higher and 0.21% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Estee Lauder and will alert subscribers who have EL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Estee Lauder

Ticker(s): EL