Here’s whether Elastic N.V. (ESTC) is worth buying in 2026 —
based on weekly-updated price trend, RSI momentum, and return vs.
the S&P 500. Our current read: Bullish.
🟢
Bullish
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+5.41% over 10 days); strong 1-year return of +13.4%; 3-month momentum positive (+71.3%); rising volume confirms the move (1.28x 30d avg). Concerns: RSI 95 — overbought, elevated pullback risk. Currently 9.8% off its 52-week high. Score: +6/7.
ESTC is in a confirmed uptrend, trading above both its 50-day ($63.44) and 200-day ($63.95) moving averages. With an RSI of 94.6, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of +13.4% compares to +20.4% for SPY (trailed the market by 6.9%).
$10,000 invested 1 year ago→ $11,343 today
vs. S&P 500 (SPY) — same period trailed market by 6.9%
1-Year Price Chart
Daily candles
MA-50MA-200UpDown
Signal Check
✓Above 200-day MA ($63.95)
✓Above 50-day MA ($63.44)
!RSI(14) neutral zone (30–70) — currently 94.6
✓Positive return (+13.4%)
✓Within 10% of period high (−9.8%)
Period Range $86.68
$42.05$96.07
RSI (14) 94.6
0 · OversoldOverbought · 100
Key Metrics
Price$86.68
Period Return+13.4%
Period High$96.07
Period Low$42.05
Drawdown−9.8%
MA-50$63.44
MA-200$63.95
RSI (14)94.6
Avg Volume (30d)1.9M
vs. SPYtrailed by 6.9%
Return Rank#539 of 1252
Trend Signals
Price is above the 200-day moving average ($63.95)