The Greedy Trader Weekly Analysis
Sign In Mar 22, 2024
Skip Navigation Links
TA Search
Daily W%R Divergence:Bearish
Number of records: 10
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Williams' Percentage Range (W%R)

Williams' %R is an effective momentum indicator that measures overbought/oversold levels. Like other indicators, W%R ranges between 0% and 100% , but in opposite to the other indicators, the 0% indicating overbought and 100% - the oversold stocks. W%R measures the closing price in relation to the recent low/high range. A bullish signal is generated when the W%R has reached 100, five time bars have elapsed, and the W%R has subsequently fallen to 95. A reverse signal is considered as bearish. For the sake of simplicity, the W%R closed above 10% is considered bearish and below 90% - bullish. In trending markets, the W%R stays at one end of the scale and gives false signals to trade against the trend. That is why W%R is not considered a stand-along technique, and it is essential to use it with some sort of trend formation indicators. The divergence between price and W%R rarely occurs and presents an important buy/sell signal. As our research shows, the W%R move to upper or lower bounds can be used as an earliest signal of an impending reversal. Using the Williams %R bullish divergence/bearish divergence, chart patterns, trendlines, support, and resistance lines along with the W%R chart can be very useful.

Advanced TA Search

Archive
- 3/15/2024 -
Sign In to see current Signals.

Estee Lauder (EL) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overbought
Daily :A Parabolic SAR indicator is above and near the priceDaily  MACD line has moved above its signal lineThe period of low volatility of the stock price
Move cursor over the icon to see details.

It was a second consecutive positive week for the Estee Lauder (EL). During the week, the EL climbed 0.25 points, or 0.17%, and closed at 149.75 on Friday, March 15, 2024. EL was trading at average weekly trading volume.

Long-term trend: [See EL long-term trend chart]
A long-term downtrend had started on February 2, 2023 at 283.62 and reached 102.22 on November 1, 2023. EL lost 181.40 points, or 63.96%, in 38 weeks. The price is now at the 26.20% retracement level.

Medium-term trend: [See EL medium-term trend chart]
A medium-term uptrend had started on November 1, 2023 at 102.22 and reached 159.75 on February 5, 2024. EL gained -57.53 points, or -56.28%, in 13 weeks. The price is now at the 17.38% retracement level.

Weekly Technical Indicators: [See EL weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since December 1, 2023. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See EL short-term trend chart]
A short-term uptrend had started on February 8, 2024 at 138.02 and reached 159.54 on March 13, 2024. EL gained -21.52 points, or -15.59%, in 34 days. The price is now at the 45.49% retracement level.

Daily Technical Indicators: [See EL daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

A Parabolic SAR (stop and reversal) indicator (149.44) comes close to the price (149.75). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The distance between the Bollinger Bands is falling, and it was 8.25% on Friday. It is 52.84% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.98
Williams' Percentage Range (W%R) 50.80
Lane's Stochastic (%D-Slow) 70.32
Greed/Fear Indicator (GFI) 58.84
Moving Average Converg./Diverg. (MACD) 2.95
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.53
Williams' Percentage Range (W%R) 14.90
Overbought
Lane's Stochastic (%D-Slow) 67.01
Greed/Fear Indicator (GFI) 68.09
Moving Average Converg./Diverg. (MACD) -8.99
Trading Signals
Description Value Chart
Upper Bollinger Band 154.75
Daily Stochastic Crossing 153.91
Price 149.75
Parabolic System 149.44
Weekly Stochastic Crossing 149.24
20 Day Moving Average 149.03
Lower Bollinger Band 142.37
50 Day Moving Average 141.23
Sector and Industry
Description Name Rank
Sector Consumer Staples 4
Industry Personal Products 96
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 138.02
Low Date 02/08/2024
High 159.54
High Date 03/13/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 124.14
Low Date 01/17/2024
High 159.75
High Date 02/05/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 102.22
Low Date 11/01/2023
High 159.75
High Date 02/05/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 283.62
High Date 02/02/2023
Low 102.22
Low Date 11/01/2023
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 374.20
High Date 01/03/2022
Low 102.22
Low Date 11/01/2023
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.