What the company does
Elastic NV, a search company, offers technology that enables users to search through structured and unstructured data for a variety of consumer and business applications. The company is headquartered in Mountain View, California.
What the weekly tape is saying
ESTC closed the latest completed week at 60.35 USD. The 4-week return is 19.3% and the 12-week return is 13.2%. Trend Signal is inactive, Market Dynamics is 1.05. Setup signature: Risk-first tape with a 40/100 composite read.
A compressed read of the whole setup
The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.
Scoreboard
16-week signal tape
Price, Trend Line, and Fair Value
Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.
52-week price path
Price map
- Trend Line
- 60.81 USD
- Vs Trend Line
- -0.7%
- Fair Value
- 86.58 USD
- Vs Fair Value
- -30.3%
- 52W High
- 96.06 USD
- 52W Low
- 42.05 USD
- Drawdown
- -37.2%
- Range Position
- 33.9%
Returns and trend persistence
Return windows separate the latest week from short-term and medium-term follow-through.
Return windows
Trend read
- Active Streak
- 0 weeks
- 52W Active Weeks
- 5
- 52W Active Breadth
- 9.6%
- Sector Scope
- US Technology
- Sector Rank
- 481 of 741
- Sector Percentile
- 35.1%
Sector and industry pulse
Peer breadth helps separate a stock-specific move from a broader group rotation.
US Technology
- Tracked Peers
- 100
- 4W Rank
- - of 100
- Avg 1W
- 2.0%
- Avg 4W
- 8.6%
- Trend Breadth
- 67.0%
- Positive MD
- 85.0%
US Software - Application
- Tracked Peers
- 100
- 4W Rank
- 10 of 100
- Avg 1W
- -2.1%
- Avg 4W
- 3.4%
- Trend Breadth
- 19.0%
- Positive RS
- 13.0%
Pressure, Relative Strength, and expectation
Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.
Dynamics path
Signal state
- Market Dynamics
- 1.05
- 4W MD Change
- 373.4%
- Relative Strength
- -23.79
- 4W RS Change
- 38.5%
- Expectation
- Positive
- Probability
- 61.83%
Participation and confirmation
Volume tells us whether the latest weekly move is being confirmed by unusual participation.
52-week volume profile
Volume map
- Latest Volume
- 8.3M
- 13W Average
- 10.1M
- 52W Average
- 9.2M
- Vs 13W
- 0.8x
- Vs 52W
- 0.9x
Volatility, downside weeks, and return shape
A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.
26-week return distribution
Risk map
- 13W Volatility
- 8.3%
- 52W Volatility
- 6.9%
- Upside Weeks
- 32
- Downside Weeks
- 20
- Downside Breadth
- 38.5%
- Avg Gain / Loss
- 4.0% / -7.2%
Classification, opportunities, risks, and watch points
Top-level read across company classification, constructive evidence, caution points, and the next things that matter.
Classification
- Exchange
- NYSE
- Country
- US
- Sector
- Technology
- Industry
- Software - Application
- Currency
- USD
- Market Cap
- 6.8B
Opportunity signals
- Market Dynamics is positive on the latest completed week.
Risk signals
- Trend Signal is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Price is below Fair Value, so the market is still discounting the latest tape.
- The share remains more than 20% below its 52-week high.
Watch next
- Trend Line remains the key weekly regime level.
- Market Dynamics is the pressure gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Recent completed weeks
The latest weekly rows behind the report snapshot.
| Week | Close | Return | Trend | Fair Value | MD | RS | Volume | Signal |
|---|---|---|---|---|---|---|---|---|
| 12 Jun 2026 | 60.35 USD | -2.3% | 60.81 USD | 86.58 USD | 1.05 | -23.79 | 8.3M | Off |
| 5 Jun 2026 | 61.79 USD | -4.5% | 61.82 USD | 86.62 USD | 0.95 | -22.27 | 13.1M | Off |
| 29 May 2026 | 64.70 USD | 18.0% | 62.76 USD | 86.67 USD | 0.66 | -21.51 | 17.4M | Off |
| 22 May 2026 | 54.81 USD | 8.3% | 63.58 USD | 86.72 USD | 0.08 | -33.17 | 9.3M | Off |
| 15 May 2026 | 50.60 USD | -3.2% | 64.69 USD | 86.81 USD | -0.39 | -38.70 | 10.2M | Off |
| 8 May 2026 | 52.25 USD | 7.5% | 65.71 USD | 86.91 USD | -0.82 | -37.53 | 7.2M | Off |
| 1 May 2026 | 48.61 USD | 4.8% | 66.85 USD | 86.95 USD | -1.14 | -41.33 | 7.4M | Off |
| 24 Apr 2026 | 46.40 USD | -2.4% | 68.09 USD | 87.00 USD | -1.25 | -44.22 | 8.7M | Off |
| 17 Apr 2026 | 47.56 USD | 9.8% | 69.40 USD | 87.07 USD | -1.30 | -43.36 | 8.9M | Off |
| 10 Apr 2026 | 43.30 USD | -14.5% | 70.79 USD | 87.15 USD | -1.21 | -46.82 | 10.2M | Off |
| 2 Apr 2026 | 50.67 USD | 4.4% | 72.27 USD | 87.25 USD | -1.23 | -36.42 | 5.3M | Off |
| 27 Mar 2026 | 48.52 USD | -9.0% | 73.47 USD | 87.28 USD | -1.16 | -37.77 | 8.3M | Off |
| 20 Mar 2026 | 53.31 USD | 3.5% | 74.69 USD | 87.34 USD | -1.04 | -34.09 | 16.2M | Off |
| 13 Mar 2026 | 51.49 USD | -4.2% | 75.58 USD | 87.35 USD | -1.12 | -38.36 | 9.7M | Off |