ELASTIC NV (ESTC)

NL0013056914 - Common Stock

94.13  +5.55 (+6.27%)

Premarket: 121.24 +27.11 (+28.8%)

Technical Rating and Analysis

6

Overall ESTC gets a technical rating of 6 out of 10. ESTC has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ESTC has a been trading in the 78.51 - 94.68 range, which is quite wide. It is currently trading near the high of this range.
ESTC has an average volume of 1100540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ESTC turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
ESTC is part of the Software industry. There are 279 other stocks in this industry, ESTC did better than 41% of them.
ESTC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ESTC is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ESTC Weekly chart
ESTC Daily chart
Setup Rating and Analysis

1

ESTC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

72.22

116.41

3 important support areas can be observed.

  • A support zone ranging from 85.23 to 87.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 81.12 to 82.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @72.95 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @110.61 from a trend line in the daily time frame.
  • Resistance @115.26 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.89
Mansfield-1.96
10 Day High94.68
10 Day Low84.47
20 Day High94.68
20 Day Low78.51
52 Week High136.06
52 Week Low69
Performance
1 Week5.49%
2 Weeks9.48%
1 Month20.06%
3 Month-10.91%
6 Month-10.31%
12 Month21.54%
2 Year53.83%
3 Year-39.45%
5 Year18.54%
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)0.59
RSI(14)71.98
LBB80.47
UBB94.21
ESTC Daily chart

ELASTIC NV

NYSE:ESTC (11/21/2024, 8:25:13 PM)

Premarket: 121.24 +27.11 (+28.8%)

94.13

+5.55 (+6.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg6.27%
1 Week5.49%
2 Weeks9.48%
1 Month20.06%
3 Month-10.91%
6 Month-10.31%
12 Month21.54%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3
ATR(20)%2.79%
ATR Inc
Range Today3.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High94.68
10 Day Low84.47
20 Day High94.68
20 Day Low78.51
52 Week High136.06
52 Week Low69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.32M
Volume Incr168.74%
Vol(5)2.29M
Vol(50)1.10M