NYSE:EL   Estee Lauder Companies, Inc. (The)
William Alligator: the stock is in a bullish position because the candlesticks are above the Teeth, Lips and Jaw. The lines are “eating with an open mouth” and this indicate that the stock is in a strong uptrend.

MACD: the line is above the signal line, this is a bullish confirmation. Moreover, the green vertical bars indicate that the price is increasing.

ADX: the line is at 29.37, so the stock is in a strong uptrend.

Candlestick patterns: there are spinning tops, and this is a bearish confirmation.

Overall: it can be interesting to take a buy position on this stock because all the indicators indicate that the price is increasing and will continue like that. Moreover, the stock is currently in a strong uptrend. Better taking a short-term position because there is a bearish candle. Entry price is higher than the current price for assurance and stop loss is set at -5%.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.