Bullish Moving Average Cross by Estee Lauder (EL)
Today, shares of Estee Lauder (NYSE:EL) have advanced above their 10-day MA of $93.16 on a volume of 475K 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, shares of Estee Lauder have traded between a low of $73.67 and a high of $97.48 and are now at $94.16, which is 28% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.
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