ELASTIC NV (ESTC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ESTC - NL0013056914 - Common Stock
Overall ESTC gets a technical rating of 1 out of 10. 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.
Although the technical rating is bad, ESTC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 76.71, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ESTC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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68.38
We found 2 important support areas.
- A support zone ranging from 75.35 to 76.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 69.07 to 70.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- Resistance @76.98 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 79.29 to 79.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 86.30 to 86.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @89.86 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 92.32 to 94.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @105.39 from a trend line in the weekly time frame.
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 | 17.24 | NEGATIVE | ESTC has a low relative strength, it was outperformed by 82.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESTC is above the rising 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) | 48.4 | NEUTRAL | The RSI value for ESTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests ESTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.49 | NEUTRAL | The Stochastics value for ESTC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for ESTC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.9 | NEGATIVE | The low ADX value for ESTC suggests a weak or negative trend. |
NYSE:ESTC (12/29/2025, 10:35:58 AM)
76.83
-0.14 (-0.18%)
ELASTIC NV / ESTC FAQ
Can you provide the ChartMill technical rating for ELASTIC NV?
ChartMill assigns a technical rating of 1 / 10 to ESTC.
What is the trend direction for ESTC stock?
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 48.4008. This indicates that the stock is currently neutral.
What is the MACD signal for ELASTIC NV (ESTC) stock?
The MACD indicator for ELASTIC NV (ESTC) has a value of 0.643455, indicating a bearish trend.
Can you provide the buy/sell signal for ELASTIC NV?
The buy/sell signal for ELASTIC NV (ESTC) is sell as both the short term and long term trends are negative.