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.
Besides having an excellent technical rating, ESGL 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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4 important support areas can be observed.
- A support zone ranging from 3.91 to 3.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.84 to 3.84. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 3.71 to 3.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.34 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.00 to 4.01. 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 | 97.34 | POSITIVE | ESGL has a high relative strength, it outperformed 97.34% 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) | DOWN | MIXED | The current price of ESGL is above 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) | 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. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests ESGL may be overbought. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for ESGL suggests some volalility. |
| Average Directional Index/ADX (14) | 61.48 | 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 |
|---|---|---|---|
| 4.02 | 3.90 | 0.12 (2.99%) | 25.00% |
| An entry @4.02. This is a Buy Stop order right above the resistance zone. | An exit @3.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.12 points, which is 2.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- 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 (12/24/2025, 1:30:02 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.
What is the trend direction for ESGL stock?
The current trend direction for ESGL HOLDINGS LTD (ESGL) is Bullish.
Can you provide the RSI signal for ESGL HOLDINGS LTD?
ESGL HOLDINGS LTD (ESGL) has an RSI value of 64.0011. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ESGL HOLDINGS LTD?
The MACD indicator for ESGL HOLDINGS LTD (ESGL) has a value of -0.00500576, indicating a bearish trend.
What are the support and resistance levels for ESGL HOLDINGS LTD (ESGL) stock?
ESGL HOLDINGS LTD (ESGL) has a support level at 3.99 and a resistance level at 4. Check the full technical report for our detailed analysis of ESGL support and resistance levels.