Elastic's 15min chart shows Bollinger Bands expanding downward, bearish marubozu pattern.

Wednesday, Nov 12, 2025 11:47 am ET1min read
ESTC--

Elastic's 15-minute chart has triggered an expanding downward trend in Bollinger Bands, accompanied by a bearish Marubozu at 11:45 on November 12, 2025. This indicates that the market is being driven by sellers, suggesting that they have control over the market, and that bearish momentum is likely to persist.

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