We assign a technical rating of 8 out of 10 to ESGL. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
ESGL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.99, a Stop Loss order could be placed below this zone.
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3.40
3 important support areas can be observed.
- A support zone ranging from 3.88 to 3.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.71 from a horizontal line in the daily time frame.
- Support @3.43 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.00 to 4.03. 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 ESGL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ESGL is neutral. |
| ChartMill Relative Strength | 96.64 | POSITIVE | ESGL has a high relative strength, it outperformed 96.64% 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) | 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) | 64 | NEUTRAL | The RSI value for ESGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ESGL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests ESGL may be overbought. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for ESGL suggests low volalility. |
| Average Directional Index/ADX (14) | 71.27 | POSITIVE | The high ADX value value for ESGL 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 |
|---|---|---|---|
| 4.04 | 3.87 | 0.17 (4.21%) | 23.76% |
| An entry @4.04. This is a Buy Stop order right above the resistance zone. | An exit @3.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.17 points, which is 4.21%. | For a 1.00% total portfolio risk, you can invest 23.76% 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.
NASDAQ:ESGL (1/9/2026, 8:00:01 PM)
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ESGL HOLDINGS LTD / ESGL FAQ
Can you provide the ChartMill technical rating for ESGL HOLDINGS LTD?
ChartMill assigns a technical rating of 8 / 10 to ESGL.
Can you provide the trend direction for ESGL HOLDINGS LTD?
The current trend direction for ESGL HOLDINGS LTD (ESGL) is Bullish.
What is the RSI signal for ESGL HOLDINGS LTD (ESGL) stock?
ESGL HOLDINGS LTD (ESGL) has an RSI value of 64.0011. This indicates that the stock is currently neutral.
What is the short term momentum for ESGL HOLDINGS LTD (ESGL) stock?
The short term momentum for ESGL HOLDINGS LTD (ESGL) is neutral.