Overall ESGU gets a technical rating of 7 out of 10. Although ESGU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, ESGU 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 150.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 150.36, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
107.60
4 important support areas can be observed.
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 ESGU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESGU is up. |
| ChartMill Relative Strength | 70.52 | POSITIVE | ESGU has a high relative strength, it outperformed 70.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESGU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESGU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESGU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.81 | NEUTRAL | The RSI value for ESGU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests ESGU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.22 | OVERBOUGHT | The high Stochastics value suggests ESGU may be overbought. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for ESGU suggests low volalility. |
| Average Directional Index/ADX (14) | 13.48 | NEGATIVE | The low ADX value for ESGU suggests a weak or negative 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 |
|---|---|---|---|
| 150.95 | 147.72 | 3.23 (2.14%) | 25.00% |
| An entry @150.95. This is a Buy Stop order right above the resistance zone. | An exit @147.72. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.23 points, which is 2.14%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
150.37
-0.56 (-0.37%)
ChartMill assigns a technical rating of 7 / 10 to ESGU.
The current trend direction for ISHARES ESG AWARE MSCI USA (ESGU) is Bullish.
ISHARES ESG AWARE MSCI USA (ESGU) has an RSI value of 56.8071. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES ESG AWARE MSCI USA (ESGU) has a value of 0.137277, indicating a bearish trend.
The buy/sell signal for ISHARES ESG AWARE MSCI USA (ESGU) is buy as both the short term and long term trends are positive.