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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Elastic N.V. Ordinary Shares (NYSE:ESTC)

Sidelines Mode (+55) - ESTC 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 ESTC?

MarketClub looks at technical strength and momentum to determine if the timing is right for ESTC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_ESTC
Open High Low ESTC Price Change
85.520 88.480 85.490 88.235 +2.175
Entry Signal

MarketClub’s Trade Triangles for ESTC

long term down The long-term trend has been DOWN since Aug 30th, 2024 at 92.96

intermediate term up The intermediate-term trend has been UP since Sep 25th, 2024 at 78.49

short term down The short-term trend has been DOWN since Nov 15th, 2024 at 88.58

Smart Scan Analysis for ESTC

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

+55
Smart Scan Analysis for ESTC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
85.520 88.480 85.490 88.235 +2.175
Prev. Close Volume Bid Ask Time
88.270 1598575 2024-11-19 15:59:31
Year High76.8Year High Date2018-11-07
Year Low58.5516Year Low Date2018-10-11
52wk High136.0652wk High Date2024-02-29
52wk Low6952wk Low Date2024-09-09
Average Volume898,743Shares Outstanding102,745
Market Cap7,369MAssets215,047,300M
Liabilities139,105,500MP/E Ratio156.4727
Volatility63.92
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