Technical Analysis for ESAB - ESAB Corporation

Grade Last Price % Change Price Change
B 122.01 0.67% 0.81
ESAB closed up 0.67 percent on Wednesday, November 20, 2024, on 1.8 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
Multiple of Ten Bullish Other 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction 0.67%
NR7-2 Range Contraction 0.67%
Narrow Range Bar Range Contraction 0.67%
Doji - Bullish? Reversal 0.67%
Stochastic Reached Oversold Weakness 0.67%
Down 3 Days in a Row Weakness 0.67%

   Recent Intraday Alerts

Alert Time
Up 1% about 22 hours ago
60 Minute Opening Range Breakout about 22 hours ago
Rose Above Previous Day's High about 22 hours ago
Outside Day about 22 hours ago
Fell Below Previous Day's Low about 23 hours ago

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Profile

ESAB Corporation Description

ESAB Corporation formulates, develops, manufactures, and supplies consumable products and equipment for use in cutting, joining, and automated welding, as well as gas control equipment. Its comprehensive range of welding consumables includes electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables, including electrodes, nozzles, shields, and tips. The company's fabrication technology equipment ranges from portable welding machines to large customized automated cutting and welding systems. It also offers a range of digital software and solutions to help its customers increase their productivity, remotely monitor their welding operations, and digitize their documentation. The company sells its products under the ESAB brand to various end markets, including general industry, construction, infrastructure, transportation, energy, renewable energy, and medical and life sciences. It offers its products through independent distributors and direct salespeople. ESAB Corporation was incorporated in 2021 and is based in Wilmington, Delaware.


Classification

Sector: Industrials
Industry: Metal Fabrication
Keywords: Renewable Energy Welding Consumable Products Arc Welding

Is ESAB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 135.97
52 Week Low 75.8648
Average Volume 271,095
200-Day Moving Average 103.60
50-Day Moving Average 113.32
20-Day Moving Average 124.40
10-Day Moving Average 127.56
Average True Range 3.55
RSI (14) 51.69
ADX 40.58
+DI 30.72
-DI 22.39
Chandelier Exit (Long, 3 ATRs) 125.32
Chandelier Exit (Short, 3 ATRs) 119.51
Upper Bollinger Bands 138.31
Lower Bollinger Band 110.49
Percent B (%b) 0.41
BandWidth 22.36
MACD Line 3.34
MACD Signal Line 4.88
MACD Histogram -1.5393
Fundamentals Value
Market Cap 7.35 Billion
Num Shares 60.3 Million
EPS 3.58
Price-to-Earnings (P/E) Ratio 34.08
Price-to-Sales 1.98
Price-to-Book 3.62
PEG Ratio 1.59
Dividend 0.17
Dividend Yield 0.14%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 127.41
Resistance 3 (R3) 127.28 125.36 126.51
Resistance 2 (R2) 125.36 123.98 125.42 126.21
Resistance 1 (R1) 123.68 123.13 124.52 123.81 125.91
Pivot Point 121.76 121.76 122.18 121.82 121.76
Support 1 (S1) 120.08 120.38 120.92 120.21 118.11
Support 2 (S2) 118.16 119.53 118.22 117.81
Support 3 (S3) 116.48 118.16 117.51
Support 4 (S4) 116.61