NASDAQ:ESGL - Nasdaq - KYG3R95P1087 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to ESGL. Both in the recent history as in the last year, ESGL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, ESGL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.45. Right above this resistance zone may be a good entry point.
2.11
We found 3 important support areas.
We found 1 important resistance area.
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 ESGL is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESGL is up. |
ChartMill Relative Strength | 97.54 | POSITIVE | ESGL has a high relative strength, it outperformed 97.54% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESGL is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESGL is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESGL is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 65.06 | NEUTRAL | The RSI value for ESGL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ESGL has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 98.08 | OVERBOUGHT | The high Stochastics value suggests ESGL may be overbought. |
Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for ESGL suggests high volalility. |
Average Directional Index/ADX (14) | 17.13 | NEGATIVE | The low ADX value for ESGL suggests a weak or negative trend. |
NASDAQ:ESGL (6/6/2025, 8:00:02 PM)
2.4392
-0.01 (-0.43%)