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Stock Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

Elastic NV (NYSE:ESTC)

Long-Term Downtrend (-90) - ESTC is in a strong downtrend that is likely to continue. While ESTC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
113.29 112.04 109.31 110.61 +0.03
Entry Signal

MarketClub’s Trade Triangles for ESTC

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 114.50

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2021 at 119.20

short term down The short-term trend has been DOWN since Apr 28th, 2021 at 124.49

Smart Scan Analysis for ESTC

Based on our trend formula, ESTC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ESTC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
113.29 112.04 109.31 110.61 +0.03
Prev. Close Volume Bid Ask Time
110.65 1122791 2021-05-05 15:59:48
Year High76.8Year High Date2018-11-07
Year Low58.5516Year Low Date2018-10-11
52wk High176.4952wk High Date2021-01-20
52wk Low63.3552wk Low Date2020-05-05
Average Volume856,086Shares Outstanding89,765
Market Cap7,369MAssets899,980,000M
Liabilities444,399,000MVolatility63.92
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