ISHARES ESG AWARE MSCI USA (ESGU) Technical Analysis
NASDAQ:ESGU • US46435G4257
We assign a technical rating of 1 out of 10 to ESGU. ESGU has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- ESGU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ESGU is lagging the market slightly.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, ESGU turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- In the last month ESGU has a been trading in a tight range between 143.97 and 151.57.
Although the technical rating is bad, ESGU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 146.89, 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 146.21 to 146.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @143.84 from a horizontal line 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 148.13 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 | NEUTRAL | NEUTRAL | The long term trend for ESGU is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESGU is down. |
| ChartMill Relative Strength | 65.28 | 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) | 42.79 | NEUTRAL | The RSI value for ESGU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ESGU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.66 | NEUTRAL | The Stochastics value for ESGU is a neutral value. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for ESGU suggests low volalility. |
| Average Directional Index/ADX (14) | 22.87 | NEUTRAL | The ADX value for ESGU suggests a possible start of a new trend. |
ESGU Technicals: Chart, Performance Metrics, Trend & Indicators
147.05
-0.13 (-0.09%)
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 1 / 10 to ESGU.
What is the trend direction for ESGU stock?
The current trend direction for ISHARES ESG AWARE MSCI USA (ESGU) is Bearish.
What is the RSI signal for ESGU stock?
ISHARES ESG AWARE MSCI USA (ESGU) has an RSI value of 42.7882. 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 -0.214711, 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 146.89 and a resistance level at 148.13. Check the full technical report for our detailed analysis of ESGU support and resistance levels.