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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

ESAB Corporation (NYSE:ESAB)

Sidelines Mode (+55) - ESAB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NYSE_ESAB
Open High Low ESAB Price Change
121.49 123.43 119.83 122.04 +0.84
Entry Signal

MarketClub’s Trade Triangles for ESAB

long term up The long-term trend has been UP since Sep 23rd, 2024 at 106.57

intermediate term up The intermediate-term trend has been UP since Sep 23rd, 2024 at 106.13

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 130.51

Smart Scan Analysis for ESAB

Based on our trend formula, ESAB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ESAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
121.49 123.43 119.83 122.04 +0.84
Prev. Close Volume Bid Ask Time
122.01 395066 2024-11-20 15:59:24
52wk High135.9752wk High Date2024-11-06
52wk Low76.0852wk Low Date2023-11-30
Average Volume332,325Shares Outstanding60,448
Assets408,453,400MLiabilities224,740,900M
P/E Ratio28.3178
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