ESTC Technical Signal Analysis
ESTC have 2 buy signals and 6 sell signals now. The current trend is consolidation starting from 2025-03-10. The total price change during this trend is +0.54%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of ESTC over last 5 trading day is $252,253,264.17
2 Bullish Signal
6 Bearish Signal
Name
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-123.63
Bullish
Williams %R (14 days)
WILLR_14 < -80
-91.11
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-13.41
Bearish
Momentum (10 days)
MOM_10 < 0
-9.61
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-3.67
Bearish
Closing price
close < fibonacci_S1
91.67
Bearish
Moving Average
Price crosses below 5-day SMA
--
Bearish
Moving Average
20-day SMA crosses below 60-day SMA
--
Bearish
2 Bullish Signal
Name
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-123.63
Bullish
Williams %R (14 days)
WILLR_14 < -80
-91.11
Bullish
ESTC Support and Resistance Level
The support levels for ESTC are at 91.85, 85.16, and 74.34, while the resistance levels are at 113.5, 120.19, and 131.02. With the current stock price at 91.67, it is leaning more toward the support levels.
ESTC Technical Analysis
Technical Analysis of ESTC Stock
Price and Volume Analysis:
- Current Price: $95
- Volume: 2,405,570
- Pre-Market Change: -0.59%
- Regular Market Change: -4.38%
Technical Indicators:
- RSI (6, 12, 14): 29.27, 36.00, 37.39
- Stochastic Oscillator (%K, %D): 22.39, 32.99
- MACD: -1.74 (MACD), -1.52 (Signal)
- Fibonacci Levels:
- R1: 114.54
- S1: 94.46
- R2: 120.74
- S2: 88.26
- R3: 130.78
- S3: 78.22
- Pivot: 104.5
Analysis:
- RSI: All RSI values are below 50, indicating bearish momentum.
- Stochastic Oscillator: %K is below %D, suggesting the stock is oversold.
- MACD: Negative and below the signal line, indicating bearish trend.
- Fibonacci Levels: The stock is near the S1 support level (94.46), which may act as a floor.
Recent News Impact:
- Analysts have raised price targets to $140-$145, indicating positive sentiment.
Conclusion:
The stock is currently oversold, but the overall trend remains bearish. While the price is near a support level, the technical indicators suggest continued downward pressure.
Recommendation: Sell ESTC at $95.
Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Always conduct your own research or consult a financial advisor before making investment decisions.
ESTC FAQs
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ESTC Buy or Sell
ESTC has 2 buy signals and 6 sell signals now. Overall the technical rating for ESTC is Strong sell.
Strong sell
Sell
6
Buy
2
ESTC Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 91.67 below the SMA_5. In the short term, the stock shows a positive trend with the 94.7 above the SMA_20. In the mid term, the stock shows a negative trend with the 104.98 below the SMA_60. In the long term, the stock shows a negative trend with the 105.24 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about ESTC's current trend?What are ESTC's key support and resistance levels?