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(ESTC) Elastic N complete technical analysis [charts+indicators] | Buy/Sell Elastic N | (ESTC) share price targets

Complete technical analysis of Elastic N (ESTC) by charts plus indicators, forecast predictions and share price targets for Elastic N (ESTC)

Elastic N trades in USA in Technology sector.

10 day averaged volume of Elastic N is 816383

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 110.08 108.25 110.18 107.62 1.328 times
16 Thu May 2024 108.21 111.12 111.58 108.18 1.222 times
15 Wed May 2024 111.23 110.25 111.65 108.06 0.877 times
14 Tue May 2024 109.31 107.12 110.00 107.06 1.444 times
13 Mon May 2024 107.40 106.65 107.63 105.60 0.711 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 108.7, but if it comes below 108.7, then a intra day sell could be more profitable.
If you take a sell trade below 108.7, then use 108.7 as stoploss and 105.88 as target. However if you take a buy trade in stock , then use 108.7 as stoploss and 112.2 as target.

Share price targets for Elastic N (ESTC)

Target Type Value
Downside Target 93.33
Downside Target 97.90
Downside Target 102.20
Downside Target 105.60
Downside Target 107.88
Downside Target 108.72
Upside Target 111.65
Upside Target 116.36
Upside Target 119.97
Upside Target 125.83
Upside Target 136.06

Intraday share price targets for Elastic N (ESTC)

Target Type Value
Downside Intraday Target 106.57
Downside Intraday Target 103.06
Upside Intraday Target 112.62
Upside Intraday Target 115.16
Downside Intraday Target 109.11

Weekly technical analysis of Elastic N (ESTC)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 110.08 106.65 111.65 105.60 1.264 times
10 Fri May 2024 106.05 105.91 107.88 103.43 0.679 times
03 Fri May 2024 105.66 108.35 108.41 102.20 0.802 times
26 Fri Apr 2024 107.43 97.01 108.72 94.61 1.199 times
19 Fri Apr 2024 96.19 96.66 97.90 93.33 1.293 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Elastic N (ESTC)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 110.08 103.25 111.65 102.64 0.472 times
30 Tue Apr 2024 102.22 100.09 108.72 93.33 0.675 times
28 Thu Mar 2024 100.24 115.96 119.97 97.90 1.37 times
29 Thu Feb 2024 133.81 117.00 136.06 116.36 0.863 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Elastic N (ESTC)

Indicator Name Indicator Value Indicator Signal
ADX 25, 12, 33 Buy
MACD 3, 2Buy
Stochastics 78Buy
CCI 78Sell
RSI 50Sell
OBV 9156829Sell
VWAP 108Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Elastic N ( (ESTC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Elastic N ( (ESTC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Elastic N ( (ESTC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Elastic N ( (ESTC) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Elastic N stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Elastic N in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Elastic N Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Elastic N in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Elastic N is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 107.99 and Elastic N (ESTC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Elastic N (ESTC) stock. Volume based technical analysis of Elastic N (ESTC) stock is negative.

Elastic N Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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