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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
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 3rd, 2023 at 74.15
The intermediate-term trend has been UP since May 7th, 2024 at 109.81
The short-term trend has been UP since May 6th, 2024 at 107.48
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 |
|---|---|---|---|---|
| 107.910 | 110.850 | 107.905 | 110.150 | +2.560 |
| Prev. Close | Volume | Bid | Ask | Time |
| 110.070 | 364275 | 2024-05-07 15:59:37 |
| 52wk High | 114.77 | 52wk High Date | 2024-04-08 |
| 52wk Low | 57.531 | 52wk Low Date | 2023-05-31 |
| Average Volume | 229,867 | Shares Outstanding | 60,337 |
| Assets | 382,748,900M | Liabilities | 218,668,900M |
| P/E Ratio | 28.2388 |