AMERICAN CENTURY SUSTAINABLE (ESGA) Stock Technical Analysis
USA - NYSEARCA:ESGA - US0250727528 - ETF
Taking everything into account, ESGA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ESGA has proven to be a steady performer, scoring decent points in every aspect analyzed.
ESGA has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
55.40
We found 4 important support areas.
- A support zone ranging from 70.89 to 72.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @69.46 from a horizontal line in the daily time frame.
- A support zone ranging from 64.96 to 65.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.96 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 73.41 to 73.52. This zone is formed by a combination of multiple trend lines 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 ESGA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESGA is up. |
| ChartMill Relative Strength | 79.75 | POSITIVE | ESGA has a high relative strength, it outperformed 79.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESGA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESGA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESGA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.92 | NEUTRAL | The RSI value for ESGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ESGA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.36 | OVERBOUGHT | The high Stochastics value suggests ESGA may be overbought. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for ESGA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.96 | NEUTRAL | The ADX value for ESGA suggests a possible start of a new 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 |
|---|---|---|---|
| 73.53 | 72.01 | 1.52 (2.07%) | 25.00% |
| An entry @73.53. This is a Buy Stop order right above the resistance zone. | An exit @72.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.52 points, which is 2.07%. | For a 0.52% 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.
NYSEARCA:ESGA (12/9/2024, 8:08:53 PM)
73.15
-0.26 (-0.35%)
AMERICAN CENTURY SUSTAINABLE / ESGA FAQ
What is the technical rating for ESGA stock?
ChartMill assigns a technical rating of 10 / 10 to ESGA.
What is the current trend direction of AMERICAN CENTURY SUSTAINABLE (ESGA) stock?
The current trend direction for AMERICAN CENTURY SUSTAINABLE (ESGA) is Bullish.
What is the RSI signal for AMERICAN CENTURY SUSTAINABLE (ESGA) stock?
AMERICAN CENTURY SUSTAINABLE (ESGA) has an RSI value of 62.9228. This indicates that the stock is currently neutral.
What is the MACD signal for ESGA stock?
The MACD indicator for AMERICAN CENTURY SUSTAINABLE (ESGA) has a value of 0.082729, indicating a bearish trend.
What is the support and resistance level for ESGA stock?
AMERICAN CENTURY SUSTAINABLE (ESGA) has a support level at 72.88 and a resistance level at 73.41. Check the full technical report for our detailed analysis of ESGA support and resistance levels.