Auto-detected technical analysis for EL · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
EL just broke higher out of a bullish pennant — a brief, tidy pause inside a strong run. That's usually a breather before another push up.
On this chart, setups like it have followed through about 50% of the time.
As long as price stays above $78.66, the setup is intact — a daily close back below there is the cue to step away.
A natural first target sits near $101.6 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.
EL is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.
New to this pattern? What a bullish pennant is and how to trade it →
Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.
Every completed pattern trade our nightly backtest found on EL's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Bullish Pennant | Jan 9, 2026 @ $112.73 | Feb 5, 2026 @ $96.66 | Loss | -1.79R |
| Falling Wedge | Nov 21, 2025 @ $89.10 | Dec 15, 2025 @ $101.03 | Win | +3.05R |
| Bullish Pennant | Oct 2, 2025 @ $88.77 | Oct 28, 2025 @ $98.76 | Win | +1.77R |
| Rising Wedge | Aug 14, 2025 @ $90.21 | Oct 8, 2025 @ $95.76 | Loss | -1.06R |
| Triangle | Jun 3, 2025 @ $67.81 | Jul 15, 2025 @ $86.10 | Win | +3.49R |
| Triangle | Oct 30, 2024 @ $87.35 | Oct 31, 2024 @ $70.63 | Win | +3.27R |
| Falling Wedge | Sep 23, 2024 @ $87.51 | Oct 7, 2024 @ $96.04 | Win | +2.54R |
| Triangle | Sep 5, 2024 @ $91.47 | Sep 26, 2024 @ $100.78 | Loss | -4.83R |
| Falling Wedge | May 29, 2024 @ $124.18 | Jun 28, 2024 @ $108.26 | Win | +1.05R |
| Falling Wedge | May 1, 2024 @ $134.03 | Jun 11, 2024 @ $117.01 | Win | +1.07R |
| Bullish Pennant | Mar 7, 2024 @ $147.28 | Mar 25, 2024 @ $139.17 | Loss | -1.92R |
| Rising Wedge | Dec 29, 2023 @ $146.76 | Jan 11, 2024 @ $133.61 | Win | +2.97R |
Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.
Nearest auto-detected support sits near $68.31, resistance near $91.62. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $84.34 | $87.00 | $83.38 | $86.97 |
| Aug 3, 2026 | $85.40 | $87.50 | $83.81 | $84.68 |
| Jul 31, 2026 | $84.28 | $84.76 | $83.13 | $83.90 |
| Jul 30, 2026 | $84.18 | $85.64 | $83.79 | $84.88 |
| Jul 29, 2026 | $83.29 | $86.00 | $82.61 | $84.13 |
| Jul 28, 2026 | $84.24 | $85.37 | $83.25 | $84.75 |
| Jul 27, 2026 | $81.01 | $83.28 | $81.01 | $83.20 |
| Jul 24, 2026 | $80.21 | $81.11 | $79.30 | $80.29 |
| Jul 23, 2026 | $80.43 | $81.34 | $78.66 | $79.92 |
| Jul 22, 2026 | $82.90 | $83.23 | $81.78 | $82.63 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.