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Shares of Estee Lauder Rise to a New 52-Week High

By Amy Schwartz

Shares of Estee Lauder (NYSE:EL) traded at a new 52-week high today of $152.13. So far today approximately 176,000 shares have been exchanged, as compared to an average 30-day volume of 1.3 million shares.

Estee Lauder share prices have moved between a 52-week high of $152.13 and a 52-week low of $75.30 and are now trading 102% above that low price at $152.03 per share. The 200-day and 50-day moving averages have moved 0.12% higher and 0.21% higher over the past week, respectively.

Estee Lauder (NYSE:EL) is currently priced 3.4% above its average consensus analyst price target of $146.83. 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.

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.

SmarTrend recommended that subscribers consider buying shares of Estee Lauder on July 25th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $98.54. Since that recommendation, shares of Estee Lauder have risen 53.7%. 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