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Stock Trend Analysis Report

Prepared for you on Tuesday, October 20, 2020.

Elastic NV (NYSE:ESTC)

Bull Market Weakness (+75) - ESTC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ESTC as it may be in the beginning stages of a reversal.

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
119.76 121.07 117.05 117.26 -2.04
Entry Signal

MarketClub’s Trade Triangles for ESTC

long term up The long-term trend has been UP since May 21st, 2020 at 77.28

intermediate term up The intermediate-term trend has been UP since Aug 20th, 2020 at 99.16

short term down The short-term trend has been DOWN since Oct 15th, 2020 at 121.01

Smart Scan Analysis for ESTC

Based on our trend formula, ESTC is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ESTC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
119.76 121.07 117.05 117.26 -2.04
Prev. Close Volume Bid Ask Time
103.76 492377 2020-10-20 15:54:06
Year High76.8Year High Date2018-11-07
Year Low58.5516Year Low Date2018-10-11
52wk High117.5352wk High Date2020-08-27
52wk Low39.0152wk Low Date2020-03-17
Average Volume1,291,484Shares Outstanding86,272
Market Cap7,369MAssets821,342,000M
Liabilities388,963,000MVolatility63.92
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