ESTABLISHMENT LABS HOLDINGS (ESTA)
VGG312491084 - Common Stock
We assign a technical rating of 3 out of 10 to ESTA. Although ESTA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month ESTA has a been trading in the 38.00 - 47.48 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.
ESTA is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 83% of 187 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that ESTA is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ESTA 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 ESTA is lagging the market slightly.
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
37.20
49.48
3 important support areas can be observed.
- Support @39.31 from a trend line in the weekly time frame.
- Support @38.59 from a trend line in the daily time frame.
- A support zone ranging from 37.58 to 37.59. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 43.49 to 44.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 45.49 to 46.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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
CRS88.4
Mansfield-1.75
10 Day High47.48
10 Day Low38
20 Day High47.48
20 Day Low38
52 Week High60.12
52 Week Low24.42
Performance
1 Week-13.02%
2 Weeks-8.96%
1 Month-6.1%
3 Month-5.75%
6 Month-3.5%
12 Month61.72%
2 Year-39.06%
3 Year-40.8%
5 Year44.65%
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)-0.55
RSI(14)40.05
LBB39.33
UBB47.96
ESTABLISHMENT LABS HOLDINGS
NASDAQ:ESTA (12/20/2024, 8:07:35 PM)
After market: 40.01 0 (0%)40.01
+1.07 (+2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.75%
1 Week-13.02%
2 Weeks-8.96%
1 Month-6.1%
3 Month-5.75%
6 Month-3.5%
12 Month61.72%
2 Year-39.06%
3 Year-40.8%
5 Year44.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.78
ATR(20)%6.42%
ATR Inc46.81%
Range Today2.44
ADR(20)2.52
ADR(20)%6.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.4
Mansfield-1.75
10 Day High47.48
10 Day Low38
20 Day High47.48
20 Day Low38
52 Week High60.12
52 Week Low24.42
CS1 End39.31
CR1 Start43.49
Volume & EV
DER(3)-0.45%
DER(5)0.94%
Volume374.30K
Volume Incr42.19%
Vol(5)567.46K
Vol(50)432.23K