Is Elastic NV technically bullish or bearish?
As of June 11, 2025, Elastic NV's technical trend has shifted to bearish, supported by bearish signals from the MACD, moving averages, and Bollinger Bands, despite some mixed signals from the KST.
As of 11 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. The weekly MACD indicates a bearish trend, and daily moving averages confirm this bearish outlook. Both the weekly and monthly Bollinger Bands are also showing mildly bearish signals. The KST presents a mildly bullish signal on the weekly timeframe but remains mildly bearish monthly, indicating mixed signals. Overall, the lack of strong bullish indicators and the prevailing bearish trends across multiple timeframes suggest a bearish sentiment for Elastic NV.
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