Estee Lauder's most recent trend suggests a bullish bias. One trading opportunity on Estee Lauder is a Bull Put Spread using a strike $290.00 short put and a strike $270.00 long put offers a potential 14.29% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $290.00 by expiration. The full premium credit of $2.50 would be kept by the premium seller. The risk of $17.50 would be incurred if the stock dropped below the $270.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Estee Lauder is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Estee Lauder is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Estee Lauder
Inter Parfums' (IPAR) Subsidiary Acquires Office Building Complex
Tue, 13 Apr 2021 14:11:02 +0000
Inter Parfums' (IPAR) subsidiary concludes the acquisition of its envisioned headquarters from Apsys for nearly $149 million. The company will host all teams in the location by spring 2022.
The Estée Lauder Companies Announces Retirement of Alexandra Trower, Executive Vice President, Global Communications
Mon, 12 Apr 2021 11:00:00 +0000
Today, The Estée Lauder Companies (NYSE:EL) (ELC) announced that after 13 years with the company, Alexandra (Alex) Trower, Executive Vice President, Global Communications, will retire effective July 1, 2021. The successor to Alex’s role will be announced at a later date.
Gen Z: What do they look for in personal care
Wed, 07 Apr 2021 22:10:20 +0000
Enrico Frezza, Peace Out Skincare Founder, joined Yahoo Finance to discuss how his company is cartering to Gen Z.
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Tue, 06 Apr 2021 22:31:50 +0000
This synthetic biology stock made progress in the past year, but is it ready for prime time?
Top Stock Picks for Week of April 5, 2021
Tue, 06 Apr 2021 19:52:07 +0000
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