• Return to Headlines

Estee Lauder: 52-Week High Recently Eclipsed (EL)

By Amy Schwartz

Estee Lauder (NYSE:EL) traded today at a new 52-week high of $97.92. Approximately 173,000 shares have changed hands today, as compared to an average 30-day volume of 1.3 million shares.

The Estee Lauder Companies Inc. manufactures and markets a wide range of skin care, makeup, fragrance, and hair care products. The Company's products are sold in countries and territories around the world.

Estee Lauder (NYSE:EL) is currently priced 7.6% above its average consensus analyst price target of $90.43. The stock should discover initial support at its 50-day moving average (MA) of $94.08 and subsequent support at its 200-day MA of $86.98.

In the past 52 weeks, shares of Estee Lauder have traded between a low of $73.67 and a high of $97.92 and are now at $97.90, which is 33% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Estee Lauder on January 25th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $81.48. Since that recommendation, shares of Estee Lauder have risen 19.7%. We continue to monitor EL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows Estee Lauder

Ticker(s): EL