Live monitoring of the Bearish Flag setup on EL. See where price is heading.
Bearish continuation if preceding move was down.
Market participants tracking Estée Lauder Companies (The) should note the latest formation. The stock is trading at $76.42, up 2.51% on the day. Our AI has detected a valid Bearish Flag pattern. The trend indicator is reading 18.5/100, suggesting moderate momentum. A potential breakout level is identified at $66.22, targeting $11.18 with support near $76.51 (R:R 5.35).
What is your outlook on EL?