Estee Lauder stock: buy or sell
Jul 29th, 2021
Estee Lauder stock brief
- Estee Lauder just changed a 0.33% after hitting new all-time highs last Monday
- On July 20, it broke out above $317.79, a resistance not crossed since last April.
- The EstÃ©e Lauder Companies Inc. manufactures and markets skin care, makeup, fragrance, and hair care products.
Should I buy Estee Lauder stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $EL stock a buy?
In the current situation of Estee Lauder there is not any eligible buy setup. This doesn't mean $EL will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Estee Lauder stock?
When you own a stock with some profit, it's really hard to decide the best moment to sell and get your benefits. Trading strategies prevent us from making impulsive decisions based on our personal feelings or the noise surrounding the market. When selling, as well as buying, our setups are very easy to follow and are only applicable for selling stocks you already own, not for shorting Estee Lauder stock
As a rule of thumb, you should never keep a trading operation that produces losses greater than those expected by the time of the buy. When to sell your stock must always be ruled by the stop-loss (automatic or manual)
Is it time to sell Estee Lauder stock?
Currently, Estee Lauder stock doesn't match any of our preferred sell setups, so if you hold Estee Lauder shares and your operation is in profit probably is not time to sell now
Estee Lauder ratings
In the last month we couldn't find any rating for Estee Lauder
Estee Lauder stock analysis
$EL at new Highs
Estee Lauder did it again, and reached new all-time highs (ATH) last Monday at $333.71. Stock hit new all-time highs 3 times in the last 2 weeks
Supports and resistances
Price is at highs and there are not upper resistances.
The current support levels are:
Since the price surpassed the upper band last Monday, the price sliced by 0.85%. The price is trading very close to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a sell signal, as price can move in these levels for many days and weeks
Relative strength index
The RSI dropped below the overbought level of 70 on July 16 after just crossing to the overbough zone for 1 day (weak signal). The RSI value on Wednesday was 63.61. Estee Lauder price inched a 1.20% since that level was lost
Estee Lauder stock price history
Estee Lauder IPO was on Nov 17th, 1995 priced at $6.29 per share1. Since then, EL stock has risen by 5,160.25%, with an average of 206.41% per year. If you had invested $1,000USD in Estee Lauder stock on Nov 1995, it would worth $52,602.54 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Estee Lauder stock
Nobody knows how much a stock will be priced tomorrow. Banks and financial organisations issue their analysis predicting how a particular stock will performance in the future.
Along with buy or sell recommendations, financial institutions post their price estimates based on the stock price action and the company fundamental data. Most of these predictions follow the release of new financial data by the company, and many times. Again, these forecasts are not direct recommendations for individual investors and must not be followed blindly.
In the last 30 days we couldn't find any price target published for Estee Lauder stock.
Earnings and financials
Last May, The Estee Lauder Companies Inc. ($EL) posted EPS for that strongly enhanced Market expectations. Quarterly EPS was $1.62 per share compared to the forecasted $1.31. This quarterly report means an earnings surprise of 23.66%. On the contrary, reported sales were $3.9 billion, consistent with the market estimates.This compares to Earnings of $0.85 per share same quarter last year, so current EPS means a gain of 90.59%. Looking at turnover, figures exploded a 15.52% compared to $33.5B same quarter 12 months ago.
Estee Lauder ($EL) is hosting the quarterly earnings call mid next August. Estimated for this quarter is $0.50, compared to $1.62 that was reported for Q3.
Estee Lauder performance
|Estee Lauder ($EL)||5.30%||5.10%||39.60%|
Important note:The comments expressed in this post are personal and not recommendations for you to buy or sell stocks. The author of this paper does not know the particular situations of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are provided for learning purposes only
Estee Lauder summary
|Wednesday, July 28th, 2021|
|Day range||$329.68 - $331.83|
|Average true range||$7.55|
|50d mov avg||$310.44|
|100d mov avg||$303.59|
|200d mov avg||$278.03|
|Earnings date||August 19th, 2021|