ISHARES ESG AWARE MSCI USA (ESGU) Stock Technical Analysis
NASDAQ:ESGU • US46435G4257
Taking everything into account, ESGU scores 2 out of 10 in our technical rating. ESGU has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- ESGU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, ESGU outperforms 58% of them, which is more or less in line with the market.
- In the last month ESGU has a been trading in a tight range between 146.79 and 152.31.
ESGU has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 148.20, a Stop Loss order could be placed below this zone.
More info and screens
107.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 146.89 to 148.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 142.63 to 143.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @108.69 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 148.96 to 151.80. 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 ESGU is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESGU is down. |
| ChartMill Relative Strength | 58.77 | NEUTRAL | ESGU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESGU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESGU is below a declining 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) | 44.35 | NEUTRAL | The RSI value for ESGU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests ESGU has a negative trend. |
| Stochastics (14,3) | 25.06 | NEUTRAL | The Stochastics value for ESGU is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for ESGU suggests low volalility. |
| Average Directional Index/ADX (14) | 14.62 | NEGATIVE | The low ADX value for ESGU suggests a weak or negative trend. |
148.42
+0.21 (+0.14%)
ISHARES ESG AWARE MSCI USA / ESGU FAQ
Can you provide the ChartMill technical rating for ISHARES ESG AWARE MSCI USA?
ChartMill assigns a technical rating of 2 / 10 to ESGU.
What is the trend direction for ESGU stock?
The current trend direction for ISHARES ESG AWARE MSCI USA (ESGU) is Bullish.
What is the RSI signal for ESGU stock?
ISHARES ESG AWARE MSCI USA (ESGU) has an RSI value of 44.3523. This indicates that the stock is currently neutral.
What is the MACD signal for ESGU stock?
The MACD indicator for ISHARES ESG AWARE MSCI USA (ESGU) has a value of -0.267116, indicating a bearish trend.
Can you provide the support and resistance levels for ISHARES ESG AWARE MSCI USA?
ISHARES ESG AWARE MSCI USA (ESGU) has a support level at 148.2 and a resistance level at 148.96. Check the full technical report for our detailed analysis of ESGU support and resistance levels.