Technical Analysis for ESTC - Elastic B.V.

Grade Last Price % Change Price Change
B 107.43 2.52% 2.64
ESTC closed up 2.52 percent on Friday, April 26, 2024, on 77 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Upper Bollinger Band Walk Strength 2.52%
Above Upper BB Strength 2.52%

   Recent Intraday Alerts

Alert Time
50 DMA Resistance about 18 hours ago
60 Minute Opening Range Breakout about 19 hours ago
Up 3% about 20 hours ago
Up 1 ATR about 20 hours ago
Rose Above 50 DMA about 20 hours ago

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Profile

Elastic B.V. Description

Elastic B.V. develops and delivers technology that enables users to search structured and unstructured data for a range of consumer and enterprise applications. It primarily provides Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization. Its Elastic Stack comprises products, such as Elasticsearch, a distributed, real-time search and analytics engine, and data store for various types of data, including textual, numerical, geospatial, structured, and unstructured; Kibana, a user interface, management, and configuration interface for the Elastic Stack; Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash; and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems. The company also offers software solutions on the Elastic Stack that address cases, including app search, site search, enterprise search, logging, metrics, application performance monitoring, business analytics, and security analytics. Its products are used by individual developers and organizations of a range of industries. The company was formerly known as Elasticsearch Global B.V. and changed its name to Elastic B.V. in May 2018. The company was founded in 2012 and is headquartered in Mountain View, California.


Classification

Sector: Technology
Industry: Software - Application
Keywords: Computing Software As A Service Big Data Work From Home Analytics Data Processing Storage Systems Information Science Visualization Enterprise Applications Internet Search Engines Site Search Enterprise Search Information Retrieval

Is ESTC 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 136.06
52 Week Low 54.06
Average Volume 1,391,132
200-Day Moving Average 92.18
50-Day Moving Average 107.11
20-Day Moving Average 98.83
10-Day Moving Average 99.30
Average True Range 3.21
RSI (14) 64.41
ADX 22.91
+DI 33.14
-DI 22.14
Chandelier Exit (Long, 3 ATRs) 99.08
Chandelier Exit (Short, 3 ATRs) 102.96
Upper Bollinger Bands 105.56
Lower Bollinger Band 92.10
Percent B (%b) 1.14
BandWidth 13.62
MACD Line -0.41
MACD Signal Line -2.17
MACD Histogram 1.7601
Fundamentals Value
Market Cap 10.7 Billion
Num Shares 99.6 Million
EPS -1.98
Price-to-Earnings (P/E) Ratio -54.26
Price-to-Sales 11.21
Price-to-Book 28.54
PEG Ratio 1.07
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 113.01
Resistance 3 (R3) 112.82 110.77 112.08
Resistance 2 (R2) 110.77 109.35 110.87 111.77
Resistance 1 (R1) 109.10 108.47 109.94 109.29 111.46
Pivot Point 107.05 107.05 107.47 107.15 107.05
Support 1 (S1) 105.38 105.63 106.22 105.57 103.40
Support 2 (S2) 103.33 104.75 103.43 103.09
Support 3 (S3) 101.66 103.33 102.78
Support 4 (S4) 101.85