Elastic nv ESTC.US Trend Analysis
)ESTC Trend Score
3
24
15
- AI analysis rates ESTC with a lower trend score of 2.
- It is mainly due to a bearish signal from short and long-term moving averages .
- Historically, ESTC had a trend score of 2 on 69 occasions, with an average investment return of 2.42%. The loss rate was 65%, with an average decline of 5.25% for the losing trades.
- Recently, following the change in ESTC's trend score to 2, the stock price has experienced a 1.23% increase.
ESTC Trend Reference Factors
Exclusive
The Trend score is derived from various data, mainly including price, volume, technical indicators and other information. The following lists two important factors when evaluating.
Update to 2025/05/10 (Daily Update)
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ESTC Historical Trend Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
ESTC Trend Strategy Backtest
The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.
The Backtest Result of ESTC from 2018/10 till Now
- 45.23%
- Cumulative Return
- 5.86%
- Annual Return
- 27.58%
- Volatility
- 0.21
- Sharpe Ratio
Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from October, 2018 to May, 2025. (Total Trades: 18)
| ESTC | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 39% | 34% | 33% |
| Avg Return | 3% | 1.6% | 1% |
| Avg Profit | 16.7% | 19.3% | 14.7% |
| Avg Loss | -5.7% | -7.4% | -5.8% |
| Avg Risk-Reward Ratio | 291.2% | 261.2% | 252.7% |
Update to 2025/5/10 (Daily Update)