ELASTIC NV (ESTC) Stock Technical Analysis

NYSE:ESTC • NL0013056914

52.07 USD
-9.51 (-15.44%)
At close: Feb 27, 2026
52.07 USD
0 (0%)
After Hours: 2/27/2026, 8:04:00 PM
Technical Rating and Analysis

0

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.

  • Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
  • 93% of all other stocks performed better in the past year than ESTC.
  • ESTC is one of the lesser performing stocks in the Software industry. 68% of 276 stocks in the same industry do better.
  • ESTC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
  • In the last month ESTC has a been trading in the 49.90 - 68.79 range, which is quite wide. It is currently trading near the lows of this range.
  • Prices have been falling strongly lately, it is better to avoid new long positions here.
  • Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
  • ESTC has an average volume of 1851980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ELASTIC NV / ESTC Weekly stock chart
ELASTIC NV / ESTC Daily stock chart
Setup Rating and Analysis

2

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.

Support and Resistance Analysis

51.55

95.11

7 important resistance areas can be observed.

  • Resistance @65.54 from a trend line in the daily time frame.
  • A resistance zone ranging from 66.94 to 68.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 79.29 to 80.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @86.39 from a horizontal line in the daily time frame.
  • Resistance @89.86 from a horizontal line in the weekly time frame.
  • Resistance @92.32 from a horizontal line in the weekly time frame.
  • Resistance @94.17 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ESTC is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ESTC is down.
ChartMill Relative Strength7.81NEGATIVEESTC has a low relative strength, it was outperformed by 92.19% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ESTC is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ESTC is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ESTC is below a declining SMA(200).
Relative Strength Index/RSI (14)35.05NEUTRALThe RSI value for ESTC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.08NEGATIVEThe MACD value suggests ESTC has a negative trend.
Stochastics (14,3)41.56NEUTRALThe Stochastics value for ESTC is a neutral value.
Average True Range in percent/ATR (20)8.31HIGH VOLATILITYThe high ATR as a percentage value for ESTC suggests high volalility.
Average Directional Index/ADX (14)28.2POSITIVEThe high ADX value value for ESTC suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
ELASTIC NV / ESTC Daily stock chart

ELASTIC NV

NYSE:ESTC (2/27/2026, 8:04:00 PM)

After market: 52.07 0 (0%)

52.07

-9.51 (-15.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySoftware
Performance
% Chg-15.44%
1 Week-10.41%
2 Weeks-13.76%
1 Month-23.11%
3 Month-26.17%
6 Month-38.78%
12 Month-55.25%
2 Year-61.09%
3 Year-11.78%
5 Year-61.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.46
ATR(20)%8.31%
ATR Inc106.02%
Range Today5.2
ADR(20)3.76
ADR(20)%7.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.81
3 months CRS12.57
6 months CRS10.98
Mansfield-4.11
10 Day High64.7
10 Day Low49.9
20 Day High68.79
20 Day Low49.9
52 Week High116
52 Week Low49.9
CS1 EndN/A
CR1 Start65.54
Volume & EV
DER(3)0.64%
DER(5)1.15%
Volume7.39M
Volume Incr109.39%
Vol(5)4.24M
Vol(50)1.85M

ELASTIC NV / ESTC FAQ

Can you provide the ChartMill technical rating for ELASTIC NV?

ChartMill assigns a technical rating of 0 / 10 to ESTC.


Can you provide the trend direction for ELASTIC NV?

The current trend direction for ELASTIC NV (ESTC) is Bearish.


What is the RSI signal for ELASTIC NV (ESTC) stock?

ELASTIC NV (ESTC) has an RSI value of 35.0544. This indicates that the stock is currently neutral.


Can you provide the MACD signal for ELASTIC NV?

The MACD indicator for ELASTIC NV (ESTC) has a value of -0.0757045, indicating a bearish trend.


Can you provide the short term momentum for ELASTIC NV?

The short term momentum for ELASTIC NV (ESTC) is negative.