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Stock Trend Analysis Report
Prepared for you on Saturday, September 30, 2023.
ESAB Corporation (NYSE:ESAB)
Long-Term Uptrend (+90) - ESAB is in a strong uptrend that is likely to continue. While ESAB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Nov 17th, 2022 at 46.055
The intermediate-term trend has been UP since Sep 18th, 2023 at 73.420
The short-term trend has been UP since Sep 28th, 2023 at 70.910
Smart Scan Analysis for ESAB
Based on our trend formula, ESAB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 71.12 | 71.62 | 70.20 | 70.21 | -0.68 |
| Prev. Close | Volume | Bid | Ask | Time |
| 70.22 | 123233 | 2023-09-29 15:59:56 |
| 52wk High | 74.15 | 52wk High Date | 2023-09-18 |
| 52wk Low | 32.12 | 52wk Low Date | 2022-10-11 |
| Average Volume | 252,096 | Shares Outstanding | 60,259 |
| Assets | 384,914,500M | Liabilities | 242,956,000M |
| P/E Ratio | 21.5471 |