ESGL HOLDINGS LTD (ESGL) Stock Technical Analysis
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.
Warning: ESGL has an average volume of 28438 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ESGL is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by ESGL over the past year are nicely spread over this period.
ESGL is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 96% of 83 stocks in the same industry.
ESGL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ESGL is performing more or less in line with the market.
In the last month ESGL has a been trading in the 1.71 - 2.45 range, which is quite wide. It is currently trading near the high of this range.
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.
More info and screens
2.11
2.48
We found 3 important support areas.
- A support zone ranging from 2.39 to 2.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.24 to 2.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.13 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.45 to 2.46. 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 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. |
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)
NASDAQ:ESGL (6/6/2025, 8:00:02 PM)
2.4392
-0.01 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.43%
1 Week1.21%
2 Weeks8.41%
1 Month18.99%
3 Month34.02%
6 Month79.34%
12 Month154.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%6.49%
ATR Inc-50.71%
Range Today0.07
ADR(20)0.15
ADR(20)%6.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.54
Mansfield4.43
10 Day High2.45
10 Day Low2.06
20 Day High2.45
20 Day Low1.71
52 Week High3
52 Week Low0.9
CS1 End2.4
CR1 Start2.45
Volume & EV
DER(3)-6.13%
DER(5)-12.24%
Volume36.50K
Volume Incr-23.64%
Vol(5)33.74K
Vol(50)28.44K