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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.

Showing technical analysis as on 2024-05-29 View latest technical analysis

10 day averaged volume of Elastic N is 984209

Date Daily Closing Price Open High Low Volume
29 Wed May 2024 102.30 98.88 102.53 98.62 1.486 times
28 Tue May 2024 100.13 104.52 104.52 99.51 1.679 times
24 Fri May 2024 104.95 106.04 106.04 103.59 0.878 times
23 Thu May 2024 106.05 109.59 109.59 105.80 1.293 times
22 Wed May 2024 107.86 110.85 111.62 107.63 0.746 times
21 Tue May 2024 109.40 110.25 111.22 108.49 0.612 times
20 Mon May 2024 110.66 110.00 111.24 108.52 0.752 times
17 Fri May 2024 110.08 108.25 110.18 107.62 1.101 times
16 Thu May 2024 108.21 111.12 111.58 108.18 1.014 times
15 Wed May 2024 111.23 110.25 111.65 108.06 0.728 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 104.2, but if it comes above 104.2, then a intra day buy could be more profitable.
If you take a sell trade below 104.2, then use 104.2 as stoploss and 101 as target. However if you take a buy trade in stock , then use 104.2 as stoploss and 106.8 as target.

Share price targets for Elastic N (ESTC)

Target Type Value
Downside Target 93.33
Downside Target 97.90
Downside Target 102.20
Upside Target 107.88
Upside Target 108.72
Upside Target 111.62
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 99.11
Downside Intraday Target 95.91
Upside Intraday Target 105.01
Upside Intraday Target 107.71
Downside Intraday Target 101.81

Weekly technical analysis of Elastic N (ESTC)

Date Weekly Closing Price Open High Low Volume
29 Wed May 2024 102.30 104.52 104.52 98.62 0.739 times
24 Fri May 2024 104.95 110.00 111.62 103.59 0.924 times
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

Price has moved down 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
29 Wed May 2024 102.30 103.25 111.65 98.62 0.783 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 0.835 times

Scroll below to view daily charts

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)

Price action analysis of Elastic N ( (ESTC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Elastic N ( (ESTC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Elastic N ( (ESTC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Elastic N ( (ESTC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Elastic N in short term but the sell signal is initial and weak.

Elastic N Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Elastic N in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 106.13 and Elastic N (ESTC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.

Price action analysis of Elastic N ( (ESTC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Elastic N ( (ESTC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Elastic N ( (ESTC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Elastic N ( (ESTC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Elastic N in short term but the sell signal is initial and weak.

Elastic N Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Elastic N in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 106.13 and Elastic N (ESTC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.

Daily charts

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Daily chart
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