REPORTING FOR 2020-01-06 | WCX19.ORG: We have done an in-depth analysis of how ESTA has been trading over the last 2 weeks and the past day especially. On its latest session, Establishment Labs Holdings Inc. (NASDAQ:ESTA) opened at 27.88, reaching a high of 28.96 and a low of 27.41 before closing at a price of 28.47. There was a total volume of 142780.
VOLUME INDICATORS FOR ESTABLISHMENT LABS HOLDINGS INC. (NASDAQ:ESTA): We saw an accumulation-distribution index of 149.67897, an on-balance volume of -27.74, chaikin money flow of 1.87037 and a force index of 0.5346. There was an ease of movement rating of 0.01079, a volume-price trend of 8.65245 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR ESTABLISHMENT LABS HOLDINGS INC. (NASDAQ:ESTA): We noted an average true range of 0.53536, bolinger bands of 27.92196, an upper bollinger band of 26.33804, lower bollinger band of 27.41, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 28.08333, high band keltner channel of 27.00333, low band keltner channel of 29.16333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 27.41, a donchian channel low band of 27.41, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR ESTABLISHMENT LABS HOLDINGS INC. (NASDAQ:ESTA): We calculated a Moving Average Convergence Divergence (MACD) of -0.01256, a MACD signal of -0.00698, a MACD difference of -0.00558, a fast Exponential Moving Average (EMA) indicator of 27.41, a slow Exponential Moving Average (EMA) indicator of 27.41, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.34836, a trix of 21.81407, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -6.36558, a KST Oscillator (KST) of 302.48272 and a KST Oscillator (KST Signal) of 302.48272 (leaving a KST difference of -6.65259). We also found an Ichimoku rating of 28.42, an Ichimoku B rating of 28.42, a Ichimoku visual trend A of 22.29721, an Ichimoku visual trend B of 23.48907, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR ESTABLISHMENT LABS HOLDINGS INC. (NASDAQ:ESTA): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 93.12421, a stochastic oscillator of 143.51852, a stochastic oscillator signal of 143.51852, a Williams %R rating of 43.51852 and an awesome oscillator of -0.16567.
RETURNS FOR ESTABLISHMENT LABS HOLDINGS INC. (NASDAQ:ESTA): There was a daily return of 30.24827, a daily log return of -2.06421 and a cumulative return of -2.04305.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-06 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Establishment Labs Holdings Inc. (NASDAQ:ESTA)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Establishment Labs Holdings Inc. (NASDAQ:ESTA) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.