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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.

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NYSE_ESAB
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).

+70
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
Assets382,748,900MLiabilities218,668,900M
P/E Ratio26.2388
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