Elastic's 15min chart shows MACD Golden Cross and Bollinger Bands expanding upward.

Elastic's 15-minute chart has recently triggered a MACD Golden Cross and Bollinger Bands Expanding Upward, as of August 18, 2025 at 10:45. This suggests that the stock price has significant potential for further growth, with the market trend being predominantly driven by buying activity.

As of August 18, 2025, at 10:45, Elastic NV's 15-minute chart has triggered a significant technical indicator, the MACD Golden Cross, along with expanding Bollinger Bands upward. These signals suggest a strong potential for further price appreciation, driven predominantly by buying activity.

The MACD Golden Cross occurs when the MACD line crosses above the signal line, indicating a shift from a bearish to a bullish trend. This is often seen as a strong buy signal, as it suggests that the short-term momentum is gaining on the long-term momentum [1].

Additionally, the expanding Bollinger Bands indicate increased volatility and potential price movement. When the bands expand upward, it signals that the price is moving higher and that the stock may continue to gain momentum [1].

Elastic NV's stock price has been on an upward trajectory, gaining 4 days in a row and ending at $77.26 on Friday, August 15, 2025. The stock has risen in 6 out of the last 10 days, despite being down by -2.92% for this period. The volume has also increased, with 496,000 more shares traded than the previous day, indicating strong buying interest [1].

The partnership between Dell Technologies, Nvidia, and Elastic to enhance the AI Data Platform further supports Elastic's growth prospects. This collaboration leverages Elastic's Elasticsearch technology and Nvidia GPUs on Dell PowerEdge servers, highlighting Elastic's expanding footprint in enterprise AI solutions [2].

Despite these positive indicators, Elastic NV holds several negative signals, including a sell candidate status and a general sell signal from the long-term Moving Average. The stock is expected to fall by -10.11% during the next 3 months, with a 90% probability of holding a price between $64.64 and $78.64 at the end of this period [1].

In conclusion, while the MACD Golden Cross and expanding Bollinger Bands suggest a strong uptrend, the stock's overall technical indicators and recent performance provide a mixed picture. Investors should closely monitor Elastic NV's price action and consider the potential risks associated with the stock.

References:
[1] https://stockinvest.us/stock/ESTC
[2] https://simplywall.st/stocks/us/software/nyse-estc/elastic/news/dell-nvidia-partnership-could-be-a-game-changer-for-elastic