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ESTC forms MACD Bullish Signal Line Cross on July 29

Elastic B.V. (ESTC) — Nightly Technical Analysis · Jul 29, 2026, 20:11 ET
ESTC finished higher by 3.77% on Wednesday, July 29th, trading 1.0 times its typical volume. Mixed technical signals appeared with MACD Bullish Signal Line Cross suggesting upside potential, while 200 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 62.49, 60.53 & 58.75, with resistance at 66.23, 68.01 & 69.97.

Current SwingTradeBot Technical Rating of ESTC: B

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Elastic N.V. (ESTC)