ELASTIC NV (ESTC) Technical Analysis
NYSE:ESTC • NL0013056914
Current stock price
ESTC Technical Rating and Analysis
Taking everything into account, ESTC scores 0 out of 10 in our technical rating. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 91% of all other stocks performed better in the past year than ESTC.
- ESTC is part of the Software industry. There are 275 other stocks in this industry, of which 66% are performing better than ESTC.
- ESTC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ESTC is lagging the market.
- ESTC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- ESTC has an average volume of 2312180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
ESTC Weekly and Daily overview Charts
ESTC Setup Rating and Analysis
ESTC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 52.01. Right above this resistance zone may be a good entry point.
More info and screens
ESTC Support and Resistance Analysis
49.71
We can see 7 important resistance areas.
- A resistance zone ranging from 52.01 to 52.41. 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 55.77 to 56.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @60.30 from a trend line in the weekly time frame.
- Resistance @77.03 from a trend line in the weekly time frame.
- Resistance @87.20 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.
ESTC 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.
| 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 | 9.59 | NEGATIVE | ESTC has a low relative strength, it was outperformed by 90.41% 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) | 42.2 | NEUTRAL | The RSI value for ESTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests ESTC has a positive trend. |
| Stochastics (14,3) | 28.79 | NEUTRAL | The Stochastics value for ESTC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for ESTC suggests high volalility. |
| Average Directional Index/ADX (14) | 25.34 | POSITIVE | The high ADX value value for ESTC suggests a strong trend. |
ESTC Chart- and CandleStick Pattern Analysis
ESTC Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:ESTC (4/6/2026, 12:30:43 PM)
50.21
-0.46 (-0.91%)
ELASTIC NV / ESTC TA FAQ
Can you provide the ChartMill technical rating for ELASTIC NV?
ChartMill assigns a technical rating of 0 / 10 to ESTC.
What is the current trend direction of ELASTIC NV (ESTC) stock?
The current trend direction for ELASTIC NV (ESTC) is Bearish.
Can you provide the RSI signal for ELASTIC NV?
ELASTIC NV (ESTC) has an RSI value of 42.2043. 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 0.194425, indicating a bearish trend.
What are the support and resistance levels for ELASTIC NV (ESTC) stock?
ELASTIC NV (ESTC) has a resistance level at 52.01. Check the full technical report for our detailed analysis of ESTC support and resistance levels.