Donchian Indicator Update for The Estee Lauder Companies Inc. (NYSE:EL): 20 Day Upper Band Touches 143.98

Following the Chaikin Money Flow indicator, we note that the current 20 day value is -0.05064305 on shares of The Estee Lauder Companies Inc. (NYSE:EL). Traders will watch to see if the indicator can help confirm an ongoing trend. In the midst of a bullish trend, the CMF value staying above zero may point to continuous buying pressure and the possibility of a sustained rise in price. In the midst of a bearish trend, the CMF value staying below zero may show continuous selling pressure and the possibility of continued price decline.

Trading on volume of 624630, The Estee Lauder Companies Inc. (NYSE:EL) has seen a change from the open of -0.94 since the stock opened at 140.66. Monitoring today’s activity, the stock has hit a high point of 140.665 and slipped to a low of 139.6. The current consensus stock rating is Sell. Everyone will be focused on the next company earnings release which is scheduled to be reported next around 8/20/2018.

Checking in on the Awesome Oscillator, we see that the reading is -0.80436146. Traders may follow this oscillator to measure market momentum. Created by Bill Williams, the Awesome Oscillator calculates the difference of the 5 period and 34 period SMA.

The 20 day Keltner Channels upper envelope is 142.62273. The 20 day Keltner Channels lower envelope is 139.50656. The Keltner Channels indicator was introduced by Chester Keltner in his book How to Make Money in Commodities. Keltner’s ideas have since been expanded upon and are widely used by technical traders.

Donchian Channels may be useful for technical traders. The primary function of the indicator is to measure volatility. The bands will widen when volatility is high, and they will become narrow with low volatility. The 20 day upper band level is 143.98. For the same period, the lower band level is 138.12.

Shares of The Estee Lauder Companies Inc. (NYSE:EL) ended last session at 139.72. Following today’s trade, we note that the stock has moved -0.6612158% since the opening bell. The company has a current market cap of 51234960000. The stock’s high price over the last month is presently 149.63.

Watching volatility readings, we can see the current value for the stock is 2.3638253. Volatility for the week stands at 1.762613, and the monthly reading is 1.90396. Volatility involves the amount of risk in relation to the amount of change in a stock’s value. Tracking the Bull Bear Power, we note that the stock is presently -1.2037821.

Scanning the equity market, we note that the stock’s current Oscillator Rating is showing “Buy”. Traders will take note of many different factors when examining a stock’s health. Flipping over to the Moving Average Rating, we see that the current sentiment is pointing to a “Strong Sell”.