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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 2024-05-15 View latest technical analysis

10 day averaged volume of Elastic N is 832630

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	111.23	110.25	111.65	108.06	0.86 times
14 Tue May 2024	109.31	107.12	110.00	107.06	1.416 times
13 Mon May 2024	107.40	106.65	107.63	105.60	0.697 times
10 Fri May 2024	106.05	105.80	106.60	104.65	0.851 times
09 Thu May 2024	104.99	105.99	106.57	104.93	0.687 times
08 Wed May 2024	105.65	105.72	106.37	105.00	0.689 times
07 Tue May 2024	106.95	105.46	107.58	103.43	1.284 times
06 Mon May 2024	107.29	105.91	107.88	105.82	0.819 times
03 Fri May 2024	105.66	107.69	107.94	105.51	0.829 times
02 Thu May 2024	106.10	107.11	107.68	103.90	1.388 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 108.5, but if it comes below 108.5, then a intra day sell could be more profitable.
If you take a sell trade below 108.5, then use 108.5 as stoploss and 104.54 as target. However if you take a buy trade in stock , then use 108.5 as stoploss and 113.2 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	107.34
Downside Intraday Target	103.44
Upside Intraday Target	113.39
Upside Intraday Target	115.54
Downside Intraday Target	109.49

Weekly technical analysis of Elastic N (ESTC)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	111.23	106.65	111.65	105.60	0.686 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
15 Wed May 2024	111.23	103.25	111.65	102.64	0.384 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Elastic N stock for short term is BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.

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

CCI has generated a buy signal for Elastic N in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 107.2 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.