(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 2024-05-31 View latest technical analysis
10 day averaged volume of Elastic N is 1267133
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 104.05 | 107.00 | 107.00 | 100.51 | 3.418 times |
| 30 Thu May 2024 | 93.18 | 100.00 | 100.01 | 92.96 | 2.574 times |
| 29 Wed May 2024 | 102.30 | 98.88 | 102.53 | 98.62 | 1.154 times |
| 28 Tue May 2024 | 100.13 | 104.52 | 104.52 | 99.51 | 1.304 times |
| 24 Fri May 2024 | 104.95 | 106.04 | 106.04 | 103.59 | 0.682 times |
| 23 Thu May 2024 | 106.05 | 109.59 | 109.59 | 105.80 | 1.004 times |
| 22 Wed May 2024 | 107.86 | 110.85 | 111.62 | 107.63 | 0.58 times |
| 21 Tue May 2024 | 109.40 | 110.25 | 111.22 | 108.49 | 0.476 times |
| 20 Mon May 2024 | 110.66 | 110.00 | 111.24 | 108.52 | 0.584 times |
| 17 Fri May 2024 | 110.08 | 108.25 | 110.18 | 107.62 | 0.855 times |
Stock of Elastic N (ESTC) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 102.1 as stoploss in an intra day buy trade for a target of 106.07. However, stock will show a bearish move below 102.1.
Share price targets for Elastic N (ESTC)
| Target Type | Value |
| Downside Target | 92.96 |
| Downside Target | 97.90 |
| Downside Target | 102.20 |
| 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 | 95.67 |
| Downside Intraday Target | 87.3 |
| Upside Intraday Target | 109.71 |
| Upside Intraday Target | 115.38 |
| Downside Intraday Target | 101.34 |
Weekly technical analysis of Elastic N (ESTC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 104.05 | 104.52 | 107.00 | 92.96 | 2.541 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Elastic N (ESTC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 104.05 | 103.25 | 111.65 | 92.96 | 1.105 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Elastic N stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elastic N in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Elastic N in short term but BUY 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 102.57 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Elastic N stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elastic N in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Elastic N in short term but BUY 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 102.57 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 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.