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Is ESTC gathering momentum? NR7 shows up after sliding 0.84%

Elastic B.V. (ESTC) — SwingTradeBot Technical Analysis Report · Jul 17, 2026, 17:45 ET
ESTC posted a 0.84% loss on Friday, July 17th, accompanied by 0.8× normal trading volume. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 60.93, 60.27 & 59.52, with resistance at 62.34, 63.09 & 63.75.

Current SwingTradeBot Technical Rating of ESTC: C

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Elastic N.V. (ESTC)