Red ListRecovering

ESABESAB Corporation

Industrials · Metal Fabrication · mid-cap ($5.6B)
-32.2%
from rolling 252-day high of $137.28 set 2026-02-12 · 105d ago
Current
$93.01
Decline depth
-32.2%
Decline σ
4.6σ
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 -32.2%.

It has clawed back 1.7 percentage points off that level. It bottomed 39.7% below that high along the way.

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
-32.2%
From rolling 252-day high of $137.28, 105d ago. Past the 30% Amber 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
4.6σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (2.94% per day). Past the ≥4σ Watch threshold.

The structural read

What price action says about ESAB.

ESAB qualifies for the Red List on decline depth — down -32.2% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown. Depth plus recency: this is the pattern many investors call a falling knife.

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

Cross-confirmation: decline sigma also reads 4.6σ over 20 bars.

Alongside that decline, our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames — moderate or strong time-frame-continuity (TFC) alignment — so the ticker also carries a Recovering badge. The two readings coexist: the tier tells you how deep the damage is, the Recovering badge tells you whether momentum may be turning. Recovering is not a buy signal; it's a structural read.

Broken Stocks stops here — it flags the structure, it doesn't build the upside case. Working out whether ESAB's turn is investable is what our sister tool does: ConvictionEdge — triple-engine conviction research on names showing a recovery signal.

Upstream TFC read: moderate alignment, current phase daily. Last bar types — daily 2D (green), weekly 2U (green), monthly 2D (red).

Earnings on file: 2026-05-07. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $83.17 18.1% of range 52W high $137.42

Sector context · Industrials

137 other Industrials tickers are on Broken Stocks.

56 Red List
34 Amber
47 Watch
-30.7% Median decline

Worst in sector: CAR (-79.4%). Least-bad: HUBG (-20.1%). See all Industrials listings →

Questions about ESAB

What people ask.

Why is ESAB on Broken Stocks?

ESAB qualifies for the Red List on decline depth. It is down -32.2% from its rolling 252-day high of $137.28, set on 2026-02-12 — 105d ago. It additionally carries a Recovering badge — see below.

What does the Recovering badge mean for ESAB?

Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — ESAB is still Red List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.

Is ESAB a falling knife?

By the most common technical definition — a steep, recent breakdown from a fresh high — yes. ESAB is down -32.2% from its 52-week high of $137.28, set 105d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.

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 $93.01, ESAB sits 18.1% of the way from its 52-week low ($83.17) 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 32.2% decline accrued over 105d, which annualizes to roughly -111.9% 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 137 other Industrials tickers on Broken Stocks: 56 Red, 34 Amber, 47 Watch, with 82 showing recovering structural signals. Median sector decline is -30.7% — 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 (2026-05-07) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.