ESTC Falls Below Significant Moving Average Threshold

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Elastic NV Shares Slide Below Key Moving Average

On Thursday, Elastic NV (Symbol: ESTC) saw its stock price dip below the 200-day moving average, recorded at $99.94. The shares traded as low as $99.66 during the session, marking a decline of approximately 8.6% for the day. The chart below illustrates the one-year performance of ESTC shares against its 200-day moving average:

Elastic NV 200 Day Moving Average Chart

According to the chart, ESTC’s 52-week range features a low of $69.05 per share and a high of $123.8574. In comparison, the most recent trade closed at $99.98.

Click here to find out which 9 other stocks recently crossed below their 200-day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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