Red List

ESABESAB Corporation

Industrials · Metal Fabrication · mid-cap ($5.5B)
-42.7%
from rolling 252-day high of $137.11 set 2026-02-12 · 189d ago
Current
$78.58
Decline depth
-42.7%
Decline σ
7.3σ
TFC
5/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$ESAB landed on the list 2026-03-14, down 28.5% from its 52-week high that day — now down -42.7%.

That's 12.3 percentage points deeper than the day it joined.

Decline from the 52-week high as it stood on 2026-03-16 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

ESAB qualifies for the Red List on decline depth.

Decline depth
-42.7%
From rolling 252-day high of $137.11, 189d ago. Past the 40% Red List threshold.
Time-frame continuity
5/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3. Full bearish continuity — every time frame is broken.
Decline sigma
7.3σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (3.09% per day). Past the ≥6σ Amber threshold.

The structural read

What price action says about ESAB.

ESAB qualifies for the Red List on decline depth — down -42.7% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.

Cross-confirmation: also showing 5/5 bearish time frames.

Cross-confirmation: decline sigma also reads 7.3σ over 20 bars.

Earnings on file: 2026-08-06. Tiering is unaffected by earnings dates — listings reflect price structure only.

Questions about ESAB

What people ask.

Why is ESAB on Broken Stocks?

ESAB qualifies for the Red List on decline depth. It is down -42.7% from its rolling 252-day high of $137.11, set on 2026-02-12 — 189d ago.

Is ESAB a falling knife?

Not by the strict technical definition. ESAB is down -42.7% from its 52-week high, but that high was set 189d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. ESAB is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is ESAB a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is ESAB trading inside its 52-week range?

At $78.58, ESAB sits 0.0% of the way from its 52-week low ($82.19) to its 52-week high ($137.42). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has ESAB been declining?

The current 42.7% decline accrued over 189d, which annualizes to roughly -82.5% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does ESAB compare to its sector?

There are 151 other Industrials tickers on Broken Stocks: 66 Red, 42 Amber, 43 Watch, with 29 showing recovering structural signals. Median sector decline is -30.8% — ESAB's decline is deeper than the sector median.

Does ESAB's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-08-06) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.