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ISHARES EUROPE IT EUR ACC (ESIT.DE) Stock Technical Analysis

FRA:ESIT - Deutsche Boerse Ag - IE00BMW42413 - ETF - Currency: EUR

7.372  +0.09 (+1.28%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ESIT. ESIT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
80% of all other stocks performed better in the past year than ESIT.
In the last month ESIT has a been trading in the 7.18 - 8.09 range, which is quite wide. It is currently trading near the lows of this range.
ESIT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ESIT is lagging the market.
Weekly and Daily overview Charts
ISHARES EUROPE IT EUR ACC / ESIT Weekly stock chart
ISHARES EUROPE IT EUR ACC / ESIT Daily stock chart
Setup Rating and Analysis

3

The technical rating of ESIT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

6.52

8.77

When analyzing the support we can see 3 important areas.

  • Support @7.27 from a trend line in the daily time frame.
  • A support zone ranging from 6.78 to 6.80. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @6.59 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 7.58 to 7.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 7.89 to 8.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @8.68 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ESIT.DE is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ESIT.DE is down.
ChartMill Relative Strength20.83NEGATIVEESIT.DE has a low relative strength, it was outperformed by 79.17% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ESIT.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ESIT.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of ESIT.DE is below the rising SMA(200).
Relative Strength Index/RSI (14)34.7NEUTRALThe RSI value for ESIT.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests ESIT.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)13.58OVERSOLDThe low Stochastics value suggests ESIT.DE may be oversold.
Average True Range in percent/ATR (20)1.7LOW VOLATILITYThe low ATR as a percentage value for ESIT.DE suggests low volalility.
Average Directional Index/ADX (14)17.01NEGATIVEThe low ADX value for ESIT.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ISHARES EUROPE IT EUR ACC / ESIT Daily stock chart

ISHARES EUROPE IT EUR ACC

FRA:ESIT (8/7/2025, 11:14:08 AM)

7.372

+0.09 (+1.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.28%
1 Week-3.01%
2 Weeks-3.06%
1 Month-9.04%
3 Month-3.92%
6 Month-12.1%
12 Month-2.37%
2 Year14.45%
3 Year36.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.7%
ATR Inc-41.76%
Range Today0
ADR(20)0.09
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.83
Mansfield-1.2
10 Day High7.6
10 Day Low7.18
20 Day High8.09
20 Day Low7.18
52 Week High8.63
52 Week Low6.23
CS1 End7.27
CR1 Start7.58
Volume & EV
DER(3)0%
DER(5)0%
Volume165
Volume Incr34.37%
Vol(5)51.40K
Vol(50)41.60K