Is Elastic NV technically bullish or bearish?
As of October 10, 2025, Elastic NV's trend is mildly bearish, with mixed technical indicators and a year-to-date return of -12.72%, significantly underperforming the S&P 500's 11.41%.
As of 10 October 2025, the technical trend for Elastic NV has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages and the weekly Dow Theory indicators. The MACD shows a mildly bullish signal on the weekly timeframe but remains bearish on the monthly. The Bollinger Bands are sideways weekly and mildly bearish monthly, while the KST indicates a mixed view with mildly bullish weekly and mildly bearish monthly signals. In terms of performance, Elastic NV has underperformed the S&P 500 year-to-date with a return of -12.72% compared to the S&P 500's 11.41%. Over the past year, it has returned 5.42%, while the S&P 500 has returned 13.36%.
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