USA - New York Stock Exchange - NYSE:ESAB - US29605J1060 - Common Stock
We assign a technical rating of 2 out of 10 to ESAB. Recently some decent action could be observed, but in the medium term time frame this is still negative. ESAB was also a bad performer in the overall market in the last year.
ESAB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 115.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 114.26, a Stop Loss order could be placed below this zone.
103.35
When analyzing the support we can see 2 important areas.
We can see 3 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ESAB is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESAB is up. |
| ChartMill Relative Strength | 36.72 | NEUTRAL | ESAB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ESAB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ESAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.94 | NEUTRAL | The RSI value for ESAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests ESAB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.68 | NEUTRAL | The Stochastics value for ESAB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for ESAB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.42 | NEGATIVE | The low ADX value for ESAB suggests a weak or negative trend. |
NYSE:ESAB (12/23/2025, 3:12:05 PM)
115.14
+0.37 (+0.32%)
ChartMill assigns a technical rating of 2 / 10 to ESAB.
The current trend direction for ESAB CORP (ESAB) is Bearish.
ESAB CORP (ESAB) has an RSI value of 54.9405. This indicates that the stock is currently neutral.
The short term momentum for ESAB CORP (ESAB) is positive.
The buy/sell signal for ESAB CORP (ESAB) is hold as the short term and long term trends are mixed.