XTRACKERS J.P. MORGAN ESG EM (ESEB) Stock Technical Analysis
USA - NYSEARCA:ESEB - US2330517135 - ETF
16.75 USD
-0.05 (-0.27%)
We assign a technical rating of 4 out of 10 to ESEB. In the last year, ESEB was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
65% of all other stocks performed better in the past year than ESEB.
Warning: ESEB has an average volume of 2336 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ESEB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ESEB is lagging the market.
In the last month ESEB has a been trading in a tight range between 16.56 and 17.10.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, ESEB does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.71, a Stop Loss order could be placed below this zone.
More info and screens
14.89
17.42
When analyzing the support we can see 3 important areas.
- A support zone ranging from 16.42 to 16.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.31 to 15.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.76 to 17.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ESEB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ESEB is neutral. |
| ChartMill Relative Strength | 35.6 | NEUTRAL | ESEB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ESEB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ESEB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESEB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.84 | NEUTRAL | The RSI value for ESEB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ESEB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.86 | NEUTRAL | The Stochastics value for ESEB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for ESEB suggests low volalility. |
| Average Directional Index/ADX (14) | 25.8 | POSITIVE | The high ADX value value for ESEB suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:ESEB (3/13/2024, 8:04:00 PM)
16.75
-0.05 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.27%
1 Week-0.98%
2 Weeks-0.03%
1 Month1.52%
3 Month-1.97%
6 Month3.27%
12 Month1.96%
2 Year-10.71%
3 Year-20.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.65%
ATR Inc12.07%
Range Today0.11
ADR(20)0.09
ADR(20)%0.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.6
Mansfield-1.17
10 Day High17.1
10 Day Low16.64
20 Day High17.1
20 Day Low16.56
52 Week High17.29
52 Week Low15.31
CS1 End16.71
CR1 Start16.76
Volume & EV
DER(3)0%
DER(5)0.12%
Volume36.90K
Volume Incr628.97%
Vol(5)11.70K
Vol(50)2.34K