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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
ESAB Corporation (NYSE:ESAB)
Countertrend Up (+85) - ESAB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for ESAB
The long-term trend has been UP since Sep 23rd, 2024 at 106.5700
The intermediate-term trend has been UP since Sep 23rd, 2024 at 106.1300
The short-term trend has been DOWN since Oct 23rd, 2024 at 110.8275
Smart Scan Analysis for ESAB
Based on our trend formula, ESAB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 112.770 | 113.060 | 108.965 | 110.020 | -1.070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 110.040 | 141155 | 2024-10-25 15:59:47 |
| 52wk High | 114.77 | 52wk High Date | 2024-04-08 |
| 52wk Low | 62.04 | 52wk Low Date | 2023-10-26 |
| Average Volume | 225,108 | Shares Outstanding | 60,441 |
| Assets | 396,711,100M | Liabilities | 225,913,900M |
| P/E Ratio | 27.0292 |