ESG Core Investments BV (ESG.AS) Stock Technical Analysis
Europe - Euronext Amsterdam - AMS:ESG - NL00150006O3 - Common Stock
Taking everything into account, ESG scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ESG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, ESG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 9.95, a Stop Loss order could be placed below this zone.
More info and screens
9.31
We found 2 important support areas.
- A support zone ranging from 9.86 to 9.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.40 to 9.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.95 to 9.97. 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 ESG.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESG.AS is up. |
| ChartMill Relative Strength | 74.35 | POSITIVE | ESG.AS has a high relative strength, it outperformed 74.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESG.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESG.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESG.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.61 | NEUTRAL | The RSI value for ESG.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ESG.AS has a negative trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests ESG.AS may be oversold. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for ESG.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 70.79 | POSITIVE | The high ADX value value for ESG.AS suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.98 | 9.94 | 0.04 (0.40%) | 25.00% |
| An entry @9.98. This is a Buy Stop order right above the resistance zone. | An exit @9.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 0.40%. | For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMS:ESG (4/19/2023, 7:00:00 PM)
9.95
0 (0%)
ESG Core Investments BV / ESG.AS FAQ
What is the ChartMill technical rating of ESG Core Investments BV (ESG.AS) stock?
ChartMill assigns a technical rating of 9 / 10 to ESG.AS.
What is the trend direction for ESG stock?
The current trend direction for ESG Core Investments BV (ESG.AS) is Bullish.
What is the RSI signal for ESG stock?
ESG Core Investments BV (ESG.AS) has an RSI value of 60.6057. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ESG Core Investments BV?
The MACD indicator for ESG Core Investments BV (ESG.AS) has a value of -0.00277283, indicating a bearish trend.
What is the buy/sell signal for ESG stock?
The buy/sell signal for ESG Core Investments BV (ESG.AS) is buy as both the short term and long term trends are positive.