We assign a technical rating of 4 out of 10 to ESGL. Although ESGL is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ESGL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 3.36, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ESGL in the last couple of days, which is a good sign.
3.33
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for ESGL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESGL is down. |
| ChartMill Relative Strength | 97.03 | POSITIVE | ESGL has a high relative strength, it outperformed 97.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESGL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESGL is below a declining 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) | 17.15 | OVERSOLD | The low RSI value suggests ESGL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ESGL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.56 | NEUTRAL | The Stochastics value for ESGL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for ESGL suggests high volalility. |
| Average Directional Index/ADX (14) | 77.59 | POSITIVE | The high ADX value value for ESGL suggests a strong trend. |
NASDAQ:ESGL (2/10/2026, 8:03:15 PM)
3.37
-0.02 (-0.59%)
ChartMill assigns a technical rating of 4 / 10 to ESGL.
The current trend direction for ESGL HOLDINGS LTD (ESGL) is Bearish.
ESGL HOLDINGS LTD (ESGL) has an RSI value of 17.1463. This indicates that the stock is currently oversold.
The short term momentum for ESGL HOLDINGS LTD (ESGL) is negative.