We Analyzed Elastic N.V. ($ESTC) – Here’s What We Found (2019-11-08)

REPORTING FOR 2019-11-08 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how ESTC has been trading over the last 2 weeks and the past day especially. On its latest session, Elastic N.V. ($ESTC) opened at 73.5, reaching a high of 74.315 and a low of 72.6 before closing at a price of 72.92. There was a total volume of 1042773.

VOLUME INDICATORS FOR ELASTIC N.V. ($ESTC): We saw an accumulation-distribution index of 743.14531, an on-balance volume of 73.0, chaikin money flow of 3.20859 and a force index of 5.1959. There was an ease of movement rating of -0.01679, a volume-price trend of -9.19139 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ELASTIC N.V. ($ESTC): We noted an average true range of 2.2651, bolinger bands of 72.69571, an upper bollinger band of 72.55429, lower bollinger band of 72.6, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 73.47167, high band keltner channel of 72.65667, low band keltner channel of 74.28667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 72.6, a donchian channel low band of 72.6, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ELASTIC N.V. ($ESTC): We calculated a Moving Average Convergence Divergence (MACD) of 0.00112, a MACD signal of 0.00062, a MACD difference of 0.0005, a fast Exponential Moving Average (EMA) indicator of 72.6, a slow Exponential Moving Average (EMA) indicator of 72.6, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.16547, a trix of -10.6265, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 10.42408, a KST Oscillator (KST) of -125.55493 and a KST Oscillator (KST Signal) of -125.55493 (leaving a KST difference of 0.15056). We also found an Ichimoku rating of 73.9075, an Ichimoku B rating of 73.9075, a Ichimoku visual trend A of 85.1816, an Ichimoku visual trend B of 83.66019, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR ELASTIC N.V. ($ESTC): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.37824, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -19.69208, a stochastic oscillator of 210.42945, a stochastic oscillator signal of 210.42945, a Williams %R rating of 110.42945 and an awesome oscillator of 0.14675.

RETURNS FOR ELASTIC N.V. ($ESTC): There was a daily return of -12.55549, a daily log return of 0.06885 and a cumulative return of 0.06887.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-08 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Elastic N.V. ($ESTC)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Elastic N.V. ($ESTC) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Latest posts by Gary Ivenchuck (see all)

    Leave a Reply

    Your email address will not be published. Required fields are marked *