's Chart of the Day - Estee Lauder (EL) for Mar 29, 2011

Discussion in 'Trading news and analysis (syndicated content)' started by, Mar 29, 2011.

  1. syndicated content Official Contributor's Chart of the Day - Estee Lauder (EL) for Mar 29, 2011

    The "Chart of the Day" is Estee Lauder Companies (EL), which showed up on Monday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system and also showed up on Barchart's "All Time High" list. Estee Lauder on Monday rallied by 1.59% and posted a new all-time high. In recent news on the stock, EL on Feb 3 reported fiscal Q2 EPS of $1.77 versus the consensus of $1.45. NY Times reported on March 28 that Estee Lauder stock has risen by 180% since 2009 when it hired a new CEO. Estee Lauder, with a market cap of $18 billion, is one of the world's leading manufacturers and marketers of skin care, makeup, fragrance and hair care products.


    How we found the Chart of the Day:

    We found the "Chart of the Day" by scanning the Barchart "Trading Signals" page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter "Buy" category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the "Today's Opinion" column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.

    Barchart's Opinion trading systems are all a Buy and Barchart's daily TrendSpotter trading system is a "Buy." Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the web site when you read this report.

    • TrendSpotter: Buy
    • Short-Term Indicators: 100% Buy
    • Medium-Term Indicators: 100% Buy
    • Long-Term Indicators: 100% Buy
    • Overall Average 100% Buy

    To access recent archived Chart of the Day reports, please go to:
    Last edited by a moderator: Mar 22, 2014

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