Europe - BIT:ESPO - IE00BYWQWR46 - ETF
We assign a technical rating of 7 out of 10 to ESPO. In the last year, ESPO was one of the better performers, but we do observe some doubts in the very recent evolution.
ESPO has an excellent technical rating, but the quality of the setup is only medium 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.
55.79
2 important support areas can be observed.
When analyzing the resistance we notice one important 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 ESPO.MI is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESPO.MI is down. |
ChartMill Relative Strength | 83.81 | POSITIVE | ESPO.MI has a high relative strength, it outperformed 83.81% 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) | UP | MIXED | The current price of ESPO.MI is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESPO.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 43.01 | NEUTRAL | The RSI value for ESPO.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests ESPO.MI has a negative trend. |
Stochastics (14,3) | 24.2 | NEUTRAL | The Stochastics value for ESPO.MI is a neutral value. |
Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for ESPO.MI suggests low volalility. |
Average Directional Index/ADX (14) | 24.89 | NEUTRAL | The ADX value for ESPO.MI suggests a possible start of a new trend. |
BIT:ESPO (10/16/2025, 7:00:00 PM)
64.82
-0.69 (-1.05%)