ESTABLISHMENT LABS HOLDINGS (ESTA) Stock Technical Analysis
NASDAQ:ESTA - Nasdaq - VGG312491084 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to ESTA. In the past year, ESTA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ESTA is a bad performer in the overall market: 75% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ESTA has a been trading in the 28.89 - 37.76 range, which is quite wide. It is currently trading near the high of this range.
ESTA is part of the Health Care Equipment & Supplies industry. There are 189 other stocks in this industry, ESTA did better than 63% of them.
ESTA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ESTA is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
ESTA has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
29.79
47.75
We found 2 important support areas.
- A support zone ranging from 35.79 to 36.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.09 from a trend line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 37.66 to 37.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.19 from a trend line in the weekly time frame.
- Resistance @43.97 from a trend line in the daily time frame.
- Resistance @46.07 from a horizontal line in the daily time frame.
- A resistance zone ranging from 47.04 to 47.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for ESTA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESTA is up. |
| ChartMill Relative Strength | 25.76 | NEGATIVE | ESTA has a low relative strength, it was outperformed by 74.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ESTA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.68 | NEUTRAL | The RSI value for ESTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests ESTA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.11 | OVERBOUGHT | The high Stochastics value suggests ESTA may be overbought. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for ESTA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.84 | NEUTRAL | The ADX value for ESTA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:ESTA (5/22/2025, 12:06:53 PM)
36.39
+0.51 (+1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.42%
1 Week-1.6%
2 Weeks7.83%
1 Month20.47%
3 Month7.31%
6 Month-16.72%
12 Month-32.99%
2 Year-44.4%
3 Year-41.86%
5 Year82.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.95
ATR(20)%5.07%
ATR Inc3.86%
Range Today0.75
ADR(20)1.73
ADR(20)%4.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.76
Mansfield-1.43
10 Day High37.76
10 Day Low33.3
20 Day High37.76
20 Day Low28.89
52 Week High58
52 Week Low26.56
CS1 End35.87
CR1 Start36.16
Volume & EV
DER(3)13.01%
DER(5)5.41%
Volume53.76K
Volume Incr-33.97%
Vol(5)332.26K
Vol(50)540.77K