ESTABLISHMENT LABS HOLDINGS (ESTA) Stock Technical Analysis
NASDAQ:ESTA - Nasdaq - VGG312491084 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ESTA. ESTA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
83% of all other stocks performed better in the past year than ESTA.
ESTA is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 62% of 190 stocks in the same industry do better.
ESTA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ESTA has a been trading in the 28.16 - 37.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ESTA 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
28.22
49.48
When analyzing the support we notice one important area.
- A support zone ranging from 28.51 to 28.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 36.09 to 36.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.79 from a trend line in the weekly time frame.
- A resistance zone ranging from 45.04 to 46.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @47.04 from a horizontal line in the weekly time frame.
- Resistance @48.99 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
CRS17.66
Mansfield-3.08
10 Day High37
10 Day Low28.16
20 Day High37
20 Day Low28.16
52 Week High60.12
52 Week Low28.16
Performance
1 Week-0.48%
2 Weeks10.44%
1 Month-1.73%
3 Month-22.4%
6 Month-26.77%
12 Month-9.53%
2 Year-53.35%
3 Year-44.68%
5 Year65.25%
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)0.84
RSI(14)46.61
LBB27.09
UBB37.26
33.43
-1.6 (-4.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-4.57%
1 Week-0.48%
2 Weeks10.44%
1 Month-1.73%
3 Month-22.4%
6 Month-26.77%
12 Month-9.53%
2 Year-53.35%
3 Year-44.68%
5 Year65.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.07
ATR(20)%6.04%
ATR Inc20.03%
Range Today3.34
ADR(20)1.98
ADR(20)%5.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.66
Mansfield-3.08
10 Day High37
10 Day Low28.16
20 Day High37
20 Day Low28.16
52 Week High60.12
52 Week Low28.16
CS1 End28.51
CR1 Start36.09
Volume & EV
DER(3)0.36%
DER(5)1.94%
Volume559.50K
Volume Incr36.37%
Vol(5)621.26K
Vol(50)562.88K