Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

ESAB Corporation (NYSE:ESAB)

Bull Market Weakness (+75) - ESAB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ESAB as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ESAB?

MarketClub looks at technical strength and momentum to determine if the timing is right for ESAB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low ESAB Price Change
99.31 100.88 99.08 100.85 +0.88
Entry Signal

MarketClub’s Trade Triangles for ESAB

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 97.07

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2024 at 97.94

short term up The short-term trend has been UP since Jul 11th, 2024 at 93.48

Smart Scan Analysis for ESAB

Based on our trend formula, ESAB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ESAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.31 100.88 99.08 100.85 +0.88
Prev. Close Volume Bid Ask Time
99.97 4484 2024-07-18 09:57:31
52wk High114.7752wk High Date2024-04-08
52wk Low61.4352wk Low Date2023-10-25
Average Volume275,556Shares Outstanding60,337
P/E Ratio26.2388
Get a free daily analysis and signals for ESAB Corporation (ESAB) - Request Your Free Report.