VANECK VIDEOGAMING ESPORTS (ESPO) Stock Technical Analysis
USA - NASDAQ:ESPO - US92189F1140 - ETF
122.1 USD
+0.45 (+0.37%)
We assign a technical rating of 10 out of 10 to ESPO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ESPO is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ESPO is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by ESPO over the past year are nicely spread over this period.
ESPO is part of the Automobile Components industry. There are 81 other stocks in this industry. ESPO outperforms 85% of them.
ESPO 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.
In the last month ESPO has a been trading in the 113.76 - 122.99 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Volume is considerably higher in the last couple of days.
Although ESPO has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
91.53
123.52
We found 4 important support areas.
- A support zone ranging from 120.23 to 121.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 113.32 to 115.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 103.56 to 104.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @92.45 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @122.30 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 | UP | POSITIVE | The long term trend for ESPO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESPO is up. |
| ChartMill Relative Strength | 88.18 | POSITIVE | ESPO has a high relative strength, it outperformed 88.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESPO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESPO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ESPO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.18 | NEUTRAL | The RSI value for ESPO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests ESPO has a negative trend. |
| Stochastics (14,3) | 75.65 | NEUTRAL | The Stochastics value for ESPO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for ESPO suggests low volalility. |
| Average Directional Index/ADX (14) | 26.69 | POSITIVE | The high ADX value value for ESPO suggests a strong trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 122.31 | 120.22 | 2.09 (1.71%) | 25.00% |
| An entry @122.31. This is a Buy Stop order right above the resistance zone. | An exit @120.22. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.09 points, which is 1.71%. | For a 0.43% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:ESPO (10/3/2025, 2:59:12 PM)
122.1
+0.45 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.37%
1 Week2.59%
2 Weeks0.21%
1 Month6.45%
3 Month14.59%
6 Month50.93%
12 Month58.56%
2 Year142.48%
3 Year204.58%
5 Year103.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.38
ATR(20)%1.21%
ATR Inc-6.18%
Range Today0
ADR(20)1.2
ADR(20)%0.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.18
Mansfield1.42
10 Day High122.99
10 Day Low118.03
20 Day High122.99
20 Day Low113.76
52 Week High122.99
52 Week Low72.61
CS1 End120.85
CR1 Start121.66
Volume & EV
DER(3)6.44%
DER(5)3.31%
Volume23
Volume Incr14.75%
Vol(5)55.64K
Vol(50)38.15K