EL technical analysis
EL Technical Analysis
Analysis date
August 4, 2026
Market
NYSE (USD)
Daily cutoff
August 3, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
EL Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- EL
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 3, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 84.68 | August 3, 2026 | - | Verified |
| Verification series | 84.68 | August 3, 2026 | 0.00% | Verified |
Bottom line
EL Technical Analysis Summary
EL has recovered off the spring lows, and the daily chart is turning more constructive while the weekly structure remains below its long-term averages as of the August 3, 2026 cutoff. The 84.68 daily close is above SMA20 (82.73) and SMA50 (83.95) but below SMA200 (91.75). Daily RSI14 at 54.85 is above the neutral midpoint, and the daily MACD histogram is positive at 0.35, supporting the rebound. On the weekly chart, price at 83.90 is back above the weekly SMA20 (81.01) but remains well below SMA50 (91.32) and SMA200 (123.06), so the multi-year downtrend is not yet resolved. Key resistance is at 87.50 (20-day high) and 91.99 (60-day high). Support rests at 78.66 (20-day low), 74.97 (60-day low), and the 52-week low at 65.96.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 3, 2026)
- Trend
- Mixed but improving. The August 3 close at 84.68 is above SMA20 (82.73) and SMA50 (83.95) but still below SMA200 (91.75). Price has climbed back above the short and medium averages after rebounding off the spring lows, while the SMA200 continues to slope downward.
- Momentum
- Constructive. RSI14 at 54.85 is above the neutral midpoint and below the 70 overbought threshold. MACD at 0.30 against a -0.05 signal leaves a positive 0.35 histogram, confirming improving upside momentum.
- Volatility
- Moderate. ATR14 is 2.72, or 3.21% of price. Bollinger Bands span 79.84 to 85.62, with the close near the upper band after the recent advance.
- Volume
- Slightly below average. August 3 volume was 1,893,000 shares, or 89.19% of the 20-session average of 2,122,330.
Assessment
The daily timeframe is turning more constructive. Price has reclaimed SMA20 and SMA50, RSI is above the midpoint, and the MACD histogram is positive, pointing to a recovery attempt within a longer-term downtrend. A sustained move above the 87.50 20-day high would extend the rebound. Below-average volume on the latest session and the distance below SMA200 are the main caution points.
Weekly (July 27, 2026 week)
- Trend
- Still bearish. The completed weekly close at 83.90 is above SMA20 (81.01) but below SMA50 (91.32) and well below SMA200 (123.06). Price is above the weekly SMA20 for the first time in the recovery, an early stabilization sign but not yet a trend change.
- Momentum
- Neutral. Weekly RSI14 at 48.12 is just below the midpoint. MACD is -2.38 against a -2.66 signal, and the histogram has turned positive at 0.29, indicating downside momentum is fading.
- Volatility
- High. ATR14 is 8.16, or 9.73% of the weekly close. Bollinger Bands span 68.89 to 93.13, still wide after the sharp repricing.
- Volume
- Below average. Weekly volume was 10,935,000 shares, or 58.85% of the 20-week average of 18,580,715.
Assessment
The weekly timeframe remains structurally bearish with price below SMA50 and SMA200, but momentum is stabilizing and price has reclaimed the weekly SMA20. A weekly close above SMA50 at 91.32 would be a more meaningful constructive signal. The bearish case stays intact until price breaks above the 20-week high at 92.35.
Key indicators
EL Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 54.85 | 48.12 |
| MACD (12, 26, 9) | 0.30 / -0.05 / 0.35 | -2.38 / -2.66 / 0.29 |
| ATR (14) | 2.72 (3.21%) | 8.16 (9.73%) |
| Bollinger Bands (20, 2) | 79.84 - 85.62 | 68.89 - 93.13 |
| SMA (20) | 82.73 | 81.01 |
| SMA (50) | 83.95 | 91.32 |
| SMA (200) | 91.75 | 123.06 |
Price structure
EL Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 84.68 | 83.90 |
| 1-Period Return | +0.93% | +4.50% |
| 5-Period Return | +1.78% | +4.17% |
| 20-Period Return | -0.26% | -4.16% |
| 60-Period Return | -1.92% | +24.35% |
| 252-Period Return | -7.95% | -70.93% |
| 52-Week Low | 65.96 | 65.96 |
| 52-Week High | 120.79 | 120.79 |
| 52-Week Position | 34.13% | 32.71% |
Key levels
EL Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 87.50 | 92.35 |
| 20-Period Low | 78.66 | 65.96 |
| 60-Period High | 91.99 | 120.79 |
| 60-Period Low | 74.97 | 65.96 |
Scenarios
EL Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price closes above the 20-day high at 87.50 on volume at or above the 20-session average.
Invalidation
Price closes back below SMA20 at 82.73.
What to watch
A weekly close above SMA50 at 91.32 and a 60-day high breakout above 91.99.
Range-Bound
Trigger
Price consolidates between SMA20 at 82.73 and the 87.50 20-day high.
Invalidation
A decisive close outside either boundary with expanding volume.
What to watch
RSI holding near 50 and the daily MACD histogram staying positive while volume remains near average.
Bearish
Trigger
Price closes below SMA20 at 82.73 and then breaks the 78.66 20-day low, targeting the 60-day low at 74.97.
Invalidation
Price reclaims 82.73 and holds above it.
What to watch
A negative daily MACD histogram and rising downside volume toward the 52-week low at 65.96.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 4, 2026.
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