ESTABLISHMENT LABS HOLDINGS (ESTA)

VGG312491084 - Common Stock

49.73  -2.84 (-5.4%)

Technical Rating and Analysis

8

Overall ESTA gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ESTA is only an average performer.

The long and short term trends are both positive. This is looking good!
ESTA is part of the Health Care Equipment & Supplies industry. There are 196 other stocks in this industry. ESTA outperforms 80% of them.
When comparing the performance of all stocks over the past year, ESTA turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
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.
In the last month ESTA has a been trading in the 45.78 - 55.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ESTA Weekly chart
ESTA Daily chart
Setup Rating and Analysis

5

ESTA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 54.17. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

47.21

74.45

When analyzing the support we can see 2 important areas.

  • Support @49.10 from a trend line in the daily time frame.
  • Support @47.69 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 52.41 to 52.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 54.17 to 55.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @73.71 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.08
Mansfield-0.08
10 Day High55.73
10 Day Low49.5
20 Day High55.73
20 Day Low45.78
52 Week High75.24
52 Week Low16.96
Performance
1 Week-0.89%
2 Weeks-0.25%
1 Month3%
3 Month44.82%
6 Month54.57%
12 Month-29.82%
2 Year-25.71%
3 Year-27.63%
5 Year109.19%
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)-0.42
RSI(14)57.9
LBB49.04
UBB55.66
ESTA Daily chart

ESTABLISHMENT LABS HOLDINGS

NASDAQ:ESTA (4/19/2024, 11:09:15 AM)

49.73

-2.84 (-5.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-5.4%
1 Week-0.89%
2 Weeks-0.25%
1 Month3%
3 Month44.82%
6 Month54.57%
12 Month-29.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.65
ATR(20)%4.81%
ATR Inc
Range Today3.32
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High55.73
10 Day Low49.5
20 Day High55.73
20 Day Low45.78
52 Week High75.24
52 Week Low16.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume135.05K
Volume Incr-21.51%
Vol(5)264.14K
Vol(50)389.44K