EL (EL) — Downtrend in force
EL (EL) is trading at $94.46, +0.08 (+1.24%) on the session. Over the last 128 sessions the trend is down with a +33.2% move. Price is -11.1% from its 6-month high and +36.6% from its 6-month low. Annualised volatility (30-day) is ~32%.
Probability scenarios
Bearish bias — 2 bullish, 5 bearish, 1 neutral of 8 signals.
Trend Downtrend in force
EL (EL) is trading at $94.46. Over the last 128 sessions the trend is **down** with a +33.2% move.
Price is -11.1% from the 6-month high and +36.6% from the low. Annualised volatility (30-day) is ~32%.
Price is on the 15-day MA ($94.72) and above the 50-day SMA ($94.24).
Bollinger Bands Inside the bands — range-bound
Bollinger Bands (20, 2): price is at $94.46, upper $100.28, middle $95.38, lower $90.48. Price is inside the bands — range-bound.
Bandwidth is 10.3% of price — moderate. Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Below 50
RSI(14) is 48.6. Momentum has faded; the bullish case needs rebuilding.
Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.
MACD (12, 26, 9) Bearish — momentum slowing
MACD (12, 26, 9): line $-0.77, signal $-0.20, histogram -0.564.
The fast line has crossed below the signal line and the histogram is negative. Price may still be rising overall, but momentum is weakening — often seen before a correction, a sideways consolidation, or a final push higher.
Volume Analysis Balanced volume
Up-day and down-day volume are roughly even (ratio 0.97) over the recent 19 sessions — no strong conviction either way.
Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.
Smart Money (A/D) Smart money distributing
The A/D line is falling and well off highs. If smart money were exiting you would expect lower highs and volume spikes on down days — distribution pressure is building.
A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.
Anchored VWAP Above anchored VWAP — period buyers in profit
Price ($94.46) is +9.1% above the anchored VWAP ($86.59). Buyers who entered at the period's volume-weighted average are in profit and less likely to panic-sell.
Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.
Key Levels 3 resistance / 3 support levels
Current price $94.46. Resistance above: $94.65, $95.85, $97.92. Support below: $94.05, $93.00, $91.64.
Watch $94.65 as the first upside level to clear, and $94.05 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$94.65
Resistance
$95.85
Resistance
$97.92
Support
$94.05
Support
$93.00
Support
$91.64
Signal breakdown
- Trend (6mo) Bearish Linear-regression slope is down (+33.2% over the period).
- Price vs 50-day SMA Bullish Price is above the 50-day SMA ($94.24).
- RSI (14) Bearish RSI 49 — below 50, momentum fading.
- MACD (12,26,9) Bearish Histogram negative (-0.564) — fast line below signal.
- Bollinger %B Bearish Price in the lower half of the bands (%B 0.41).
- Volume profile Neutral Volume balanced between up and down days.
- A/D line Bearish A/D line slope is falling — distribution pressure.
- AVWAP Bullish Price above anchored VWAP ($86.59).
Generated from 128 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-06T15:32:23.571558909Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.