ESTABLISHMENT LABS HOLDINGS (ESTA) Stock Technical Analysis
NASDAQ:ESTA - Nasdaq - VGG312491084 - Common Stock - Currency: USD
Overall ESTA gets a technical rating of 0 out of 10. ESTA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ESTA is a bad performer in the overall market: 81% of all stocks are doing better.
ESTA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month ESTA has a been trading in the 26.56 - 42.44 range, which is quite wide. It is currently trading near the lows 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 49% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ESTA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 29.95, a Stop Loss order could be placed below this zone.
More info and screens
28.22
48.68
When analyzing the support we can see 2 important areas.
- A support zone ranging from 29.76 to 29.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.51 from a horizontal line in the weekly time frame.
8 important resistance areas can be observed.
- A resistance zone ranging from 30.36 to 30.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.42 from a trend line in the daily time frame.
- Resistance @39.06 from a trend line in the weekly time frame.
- Resistance @40.25 from a trend line in the weekly time frame.
- Resistance @44.51 from a trend line in the daily time frame.
- Resistance @46.07 from a horizontal line in the daily time frame.
- Resistance @47.04 from a horizontal line in the weekly time frame.
- Resistance @48.20 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.99
Mansfield-2.63
10 Day High31.91
10 Day Low28.67
20 Day High42.44
20 Day Low26.56
52 Week High60.12
52 Week Low26.56
Performance
1 Week1.91%
2 Weeks-3.54%
1 Month-24.33%
3 Month-5.3%
6 Month-33.18%
12 Month-42.55%
2 Year-56.45%
3 Year-57.11%
5 Year73.63%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.14
RSI(14)43.39
LBB28.7
UBB31.7
30.35
+0.09 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.3%
1 Week1.91%
2 Weeks-3.54%
1 Month-24.33%
3 Month-5.3%
6 Month-33.18%
12 Month-42.55%
2 Year-56.45%
3 Year-57.11%
5 Year73.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.16
ATR(20)%10.75%
ATR Inc-49.99%
Range Today1.45
ADR(20)3.13
ADR(20)%10.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.99
Mansfield-2.63
10 Day High31.91
10 Day Low28.67
20 Day High42.44
20 Day Low26.56
52 Week High60.12
52 Week Low26.56
CS1 End29.95
CR1 Start30.36
Volume & EV
DER(3)0.53%
DER(5)0.74%
Volume214.50K
Volume Incr-57.43%
Vol(5)304.12K
Vol(50)632.56K