ESTA
Establishment Labs·NASDAQ
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6.74 / 10
Outperform
Technical assessment is favorable, highlighted by a MACD Golden Cross, Long Upper Shadow, and Long Lower Shadow patterns, contributing to a 6.74/10 score. These signals imply upward momentum and potential breakout, despite the Marubozu White pattern showing neutral performance. The concentration of bullish indicators over the last five days supports a short-term bullish bias.
Analysis Checks(3/4)
Long Upper Shadow
Score8.93/10
Win Rate75.00%
Hist. Signals28
Avg Return5.00%
Score8.93/10
Win Rate75.00%
Hist. Signals28
Avg Return5.00%
MACD Golden Cross
Score7.41/10
Win Rate63.64%
Hist. Signals11
Avg Return2.96%
Score7.41/10
Win Rate63.64%
Hist. Signals11
Avg Return2.96%
Long Lower Shadow
Score7.02/10
Win Rate60.00%
Hist. Signals30
Avg Return1.05%
Score7.02/10
Win Rate60.00%
Hist. Signals30
Avg Return1.05%
Marubozu White
Score3.61/10
Win Rate50.00%
Hist. Signals6
Avg Return-0.39%
Score3.61/10
Win Rate50.00%
Hist. Signals6
Avg Return-0.39%
Long Upper Shadow
Score8.93/10
Win Rate75.00%
Hist. Signals28
Avg Return5.00%
Score8.93/10
Win Rate75.00%
Hist. Signals28
Avg Return5.00%
Long Lower Shadow
Score7.02/10
Win Rate60.00%
Hist. Signals30
Avg Return1.05%
Score7.02/10
Win Rate60.00%
Hist. Signals30
Avg Return1.05%
MACD Golden Cross
Score7.41/10
Win Rate63.64%
Hist. Signals11
Avg Return2.96%
Score7.41/10
Win Rate63.64%
Hist. Signals11
Avg Return2.96%
Marubozu White
Score3.61/10
Win Rate50.00%
Hist. Signals6
Avg Return-0.39%
Score3.61/10
Win Rate50.00%
Hist. Signals6
Avg Return-0.39%
Technical Analysis of ESTA?
- ESTA presents a Outperform setup with a Technical Score of 6.74/10. Key technical indicators highlight an RSI of 50.57 and a MACD of 0.47, with the trend anchored by the 50-Day SMA at 69.91. Traders should monitor key support at 64.94 and resistance at 69.02.
