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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

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

Long-Term Uptrend (+90) - ESTC is in a strong uptrend that is likely to continue. While ESTC 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 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.

Open High Low ESTC Price Change
79.90 81.69 79.55 81.26 +0.31
Entry Signal

MarketClub’s Trade Triangles for ESTC

long term up The long-term trend has been UP since May 23rd, 2023 at 67.06

intermediate term up The intermediate-term trend has been UP since Sep 1st, 2023 at 63.42

short term up The short-term trend has been UP since Sep 21st, 2023 at 78.45

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).

Smart Scan Analysis for ESTC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
79.90 81.69 79.55 81.26 +0.31
Prev. Close Volume Bid Ask Time
80.95 197674 2023-10-03 10:09:31
Year High76.8Year High Date2018-11-07
Year Low58.5516Year Low Date2018-10-11
52wk High82.8452wk High Date2023-09-26
52wk Low46.1852wk Low Date2023-01-06
Average Volume1,201,814Shares Outstanding98,419
Market Cap7,369MAssets174,348,200M
Liabilities134,458,500MP/E Ratio-78.96350000
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