Elastic Nv Stock Technical Analysis

ESTC Stock  USD 65.91  7.47  10.18%   
As of the 29th of January, Elastic NV shows the Coefficient Of Variation of (1,332), mean deviation of 1.98, and Standard Deviation of 2.89. Elastic NV technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Elastic NV Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elastic, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ElasticElastic NV's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Elastic NV Analyst Consensus

Target PriceAdvice# of Analysts
103.96Strong Buy30Odds
Elastic NV current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Elastic analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Elastic stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Elastic NV, talking to its executives and customers, or listening to Elastic conference calls.
Elastic Analyst Advice Details
Will Application Software sector continue expanding? Could Elastic diversify its offerings? Factors like these will boost the valuation of Elastic NV. Projected growth potential of Elastic fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Elastic NV data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(1.02)
Revenue Per Share
15.266
Quarterly Revenue Growth
0.159
Return On Assets
(0.01)
Return On Equity
(0.13)
The market value of Elastic NV is measured differently than its book value, which is the value of Elastic that is recorded on the company's balance sheet. Investors also form their own opinion of Elastic NV's value that differs from its market value or its book value, called intrinsic value, which is Elastic NV's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Elastic NV's market value can be influenced by many factors that don't directly affect Elastic NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Elastic NV's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Elastic NV should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Elastic NV's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

Elastic NV 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Elastic NV's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Elastic NV.
0.00
10/31/2025
No Change 0.00  0.0 
In 3 months and 1 day
01/29/2026
0.00
If you would invest  0.00  in Elastic NV on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Elastic NV or generate 0.0% return on investment in Elastic NV over 90 days. Elastic NV is related to or competes with Open Text, Appfolio, InterDigital, Paycom Software, ServiceTitan, Dayforce, and Procore Technologies. Elastic N.V., a search company, delivers technology solutions designed to run in public or private clouds in multi-cloud... More

Elastic NV Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Elastic NV's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Elastic NV upside and downside potential and time the market with a certain degree of confidence.

Elastic NV Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Elastic NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elastic NV's standard deviation. In reality, there are many statistical measures that can use Elastic NV historical prices to predict the future Elastic NV's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Elastic NV's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
70.2973.2776.25
Details
Intrinsic
Valuation
LowRealHigh
66.0478.7681.74
Details
Naive
Forecast
LowNextHigh
76.3979.3682.34
Details
30 Analysts
Consensus
LowTargetHigh
94.60103.96115.40
Details

Elastic NV January 29, 2026 Technical Indicators

Elastic NV Backtested Returns

Elastic NV secures Sharpe Ratio (or Efficiency) of -0.0922, which denotes the company had a -0.0922 % return per unit of standard deviation over the last 3 months. Elastic NV exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elastic NV's Standard Deviation of 2.89, coefficient of variation of (1,332), and Mean Deviation of 1.98 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.85, which means possible diversification benefits within a given portfolio. Elastic NV returns are very sensitive to returns on the market. As the market goes up or down, Elastic NV is expected to follow. At this point, Elastic NV has a negative expected return of -0.27%. Please make sure to confirm Elastic NV's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Elastic NV performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.32  

Below average predictability

Elastic NV has below average predictability. Overlapping area represents the amount of predictability between Elastic NV time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Elastic NV price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Elastic NV price fluctuation can be explain by its past prices.
Correlation Coefficient0.32
Spearman Rank Test0.24
Residual Average0.0
Price Variance8.34
Elastic NV technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Elastic NV technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Elastic NV trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Elastic NV Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Elastic NV across different markets.

About Elastic NV Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Elastic NV on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Elastic NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Elastic NV price pattern first instead of the macroeconomic environment surrounding Elastic NV. By analyzing Elastic NV's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Elastic NV's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Elastic NV specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 2025 2026 (projected)
Interest Debt Per Share6.225.985.393.48
Revenue Per Share12.7214.3112.8813.52

Elastic NV January 29, 2026 Technical Indicators

Most technical analysis of Elastic help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Elastic from various momentum indicators to cycle indicators. When you analyze Elastic charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Elastic NV January 29, 2026 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Elastic stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Elastic Stock analysis

When running Elastic NV's price analysis, check to measure Elastic NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elastic NV is operating at the current time. Most of Elastic NV's value examination focuses on studying past and present price action to predict the probability of Elastic NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elastic NV's price. Additionally, you may evaluate how the addition of Elastic NV to your portfolios can decrease your overall portfolio volatility.
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