Elastic nv ESTC.US Swing Trading Analysis
US StockTechnology
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)ESTC Swing Trading Score
3
24
15
Stable Action
- AI analysis rates ESTC with a medium swing trading score of 3.
- It is mainly due to the relatively low short-term volatility ,but .
- It is recommended to monitor future changes in the swing trading score to determine the direction of future swings, whether they will be bullish or bearish.
ESTC Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
ESTC Swing Trading Strategy Backtest
The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.
Entry
Exit
The Backtest Result of ESTC from 2018/10 till Now
- 62.58%
- Cumulative Return
- 7.67%
- Annual Return
- 42.32%
- Volatility
- 0.18
- Sharpe Ratio
Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from October, 2018 to May, 2025. (Total Trades: 50)
| ESTC | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 52% | 43% | 43% |
| Avg Return | 1.8% | 4.5% | 2.3% |
| Avg Profit | 10.8% | 21.7% | 14.5% |
| Avg Loss | -7.9% | -8.4% | -7.3% |
| Avg Risk-Reward Ratio | 135.9% | 257.2% | 200.5% |
Update to 2025/5/17 (Daily Update)