Estee Lauder Bullish Moving Average Crossover Alert (EL)
Today, shares of Estee Lauder (NYSE:EL) have advanced above their 10-day MA of $88.13 on a volume of 127K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Estee Lauder share prices have moved between a 52-week high of $97.48 and a 52-week low of $73.67 and are now trading 20% above that low price at $88.25 per share. Over the last five market days, 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