NYSE:ESTC • NL0013056914
We assign a technical rating of 0 out of 10 to ESTC. ESTC'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.
The technical rating of ESTC is bad and it also does not present a quality setup 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.
51.55
7 important resistance areas can be observed.
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 ESTC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESTC is down. |
| ChartMill Relative Strength | 7.81 | NEGATIVE | ESTC has a low relative strength, it was outperformed by 92.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESTC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESTC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ESTC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.05 | NEUTRAL | The RSI value for ESTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ESTC has a negative trend. |
| Stochastics (14,3) | 41.56 | NEUTRAL | The Stochastics value for ESTC is a neutral value. |
| Average True Range in percent/ATR (20) | 8.31 | HIGH VOLATILITY | The high ATR as a percentage value for ESTC suggests high volalility. |
| Average Directional Index/ADX (14) | 28.2 | POSITIVE | The high ADX value value for ESTC suggests a strong trend. |
52.07
-9.51 (-15.44%)
ChartMill assigns a technical rating of 0 / 10 to ESTC.
The current trend direction for ELASTIC NV (ESTC) is Bearish.
ELASTIC NV (ESTC) has an RSI value of 35.0544. This indicates that the stock is currently neutral.
The MACD indicator for ELASTIC NV (ESTC) has a value of -0.0757045, indicating a bearish trend.
The short term momentum for ELASTIC NV (ESTC) is negative.