ELASTIC NV (ESTC) Stock Technical Analysis
NYSE:ESTC - New York Stock Exchange, Inc. - NL0013056914 - Common Stock - Currency: USD
Taking everything into account, ESTC scores 3 out of 10 in our technical rating. In the past year, ESTC 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.
76% of all other stocks performed better in the past year than ESTC.
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 ESTC has a been trading in the 78.00 - 95.15 range, which is quite wide. It is currently trading near the high of this range.
ESTC has an average volume of 1669550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ESTC is an average performer in the Software industry, it outperforms 43% of 283 stocks in the same industry.
ESTC 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 ESTC is lagging the market slightly.
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.
More info and screens
73.28
117.38
3 important support areas can be observed.
- A support zone ranging from 89.95 to 90.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @77.21 from a trend line in the weekly time frame.
- A support zone ranging from 74.02 to 75.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 91.28 to 92.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @94.17 from a horizontal line in the daily time frame.
- Resistance @113.30 from a trend line in the weekly time frame.
- Resistance @116.22 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
CRS24.5
Mansfield-0.87
10 Day High95.15
10 Day Low84.36
20 Day High95.15
20 Day Low78
52 Week High123.96
52 Week Low69
Performance
1 Week-2.6%
2 Weeks7.25%
1 Month16.91%
3 Month-14.79%
6 Month-16.09%
12 Month-13.63%
2 Year24.49%
3 Year47.04%
5 Year5.51%
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)0.87
RSI(14)55.05
LBB80.41
UBB97.63
90.65
-3.52 (-3.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.74%
1 Week-2.6%
2 Weeks7.25%
1 Month16.91%
3 Month-14.79%
6 Month-16.09%
12 Month-13.63%
2 Year24.49%
3 Year47.04%
5 Year5.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.06
ATR(20)%3.37%
ATR Inc35.68%
Range Today3.41
ADR(20)2.85
ADR(20)%3.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.5
Mansfield-0.87
10 Day High95.15
10 Day Low84.36
20 Day High95.15
20 Day Low78
52 Week High123.96
52 Week Low69
CS1 End90.64
CR1 Start91.28
Volume & EV
DER(3)6.75%
DER(5)4.96%
Volume2.05M
Volume Incr21.25%
Vol(5)2.21M
Vol(50)1.67M