VANECK VIDEO GAME ESPORT ETF (ESPO.MI) Stock Technical Analysis
BIT:ESPO • IE00BYWQWR46
We assign a technical rating of 0 out of 10 to ESPO. ESPO 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.
- When comparing the yearly performance of all stocks, ESPO is a bad performer in the overall market: 85% of all stocks are doing better.
- ESPO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ESPO has a been trading in the 51.33 - 59.83 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: ESPO has an average volume of 7892 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Volume is considerably higher in the last couple of days.
The technical rating of ESPO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
51.11
When analyzing the support we notice one important area.
- A support zone ranging from 51.63 to 51.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 55.95 to 56.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 57.76 to 58.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @62.30 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for ESPO.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESPO.MI is down. |
| ChartMill Relative Strength | 15.08 | NEGATIVE | ESPO.MI has a low relative strength, it was outperformed by 84.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESPO.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESPO.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ESPO.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.14 | OVERSOLD | The low RSI value suggests ESPO.MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests ESPO.MI has a negative trend. |
| Stochastics (14,3) | 8.04 | OVERSOLD | The low Stochastics value suggests ESPO.MI may be oversold. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for ESPO.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 42.33 | POSITIVE | The high ADX value value for ESPO.MI suggests a strong trend. |
BIT:ESPO (2/13/2026, 7:00:00 PM)
51.64
-0.67 (-1.28%)
VANECK VIDEO GAME ESPORT ETF / ESPO.MI FAQ
Can you provide the ChartMill technical rating for VANECK VIDEO GAME ESPORT ETF?
ChartMill assigns a technical rating of 0 / 10 to ESPO.MI.
Can you provide the trend direction for VANECK VIDEO GAME ESPORT ETF?
The current trend direction for VANECK VIDEO GAME ESPORT ETF (ESPO.MI) is Bearish.
Can you provide the RSI signal for VANECK VIDEO GAME ESPORT ETF?
VANECK VIDEO GAME ESPORT ETF (ESPO.MI) has an RSI value of 26.1428. This indicates that the stock is currently oversold.
What is the buy/sell signal for ESPO stock?
The buy/sell signal for VANECK VIDEO GAME ESPORT ETF (ESPO.MI) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for VANECK VIDEO GAME ESPORT ETF (ESPO.MI) stock?
VANECK VIDEO GAME ESPORT ETF (ESPO.MI) has a support level at 51.63 and a resistance level at 55.95. Check the full technical report for our detailed analysis of ESPO.MI support and resistance levels.