VANECK VIDEOGAMING ESPORTS (ESPO) Stock Technical Analysis
NASDAQ:ESPO - Nasdaq - US92189F1140 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to ESPO. Both in the recent history as in the last year, ESPO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ESPO is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, ESPO also shows a nice and consistent pattern of rising prices.
ESPO is part of the Automobile Components industry. There are 81 other stocks in this industry. ESPO outperforms 91% of them.
ESPO is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ESPO is leading the market.
In the last month ESPO has a been trading in the 96.29 - 105.48 range, which is quite wide. It is currently trading near the high of this range.
Although ESPO has an excellent technical rating, it does not present a decent entry opportunity 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
80.79
106.18
We found 4 important support areas.
- A support zone ranging from 98.37 to 104.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @84.76 from a trend line in the weekly time frame.
- Support @82.98 from a trend line in the daily time frame.
- A support zone ranging from 81.61 to 81.61. This zone is formed by a combination of multiple trend lines 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 | 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 | 92.33 | POSITIVE | ESPO has a high relative strength, it outperformed 92.33% 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) | 71.32 | OVERBOUGHT | The high RSI value suggests ESPO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ESPO has a positive trend. |
| Stochastics (14,3) | 93.83 | OVERBOUGHT | The high Stochastics value suggests ESPO may be overbought. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for ESPO suggests low volalility. |
| Average Directional Index/ADX (14) | 28.37 | 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)
NASDAQ:ESPO (6/5/2025, 9:36:07 AM)
105.13
+0.43 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.41%
1 Week2.38%
2 Weeks4.23%
1 Month6.73%
3 Month16.87%
6 Month17.38%
12 Month56.13%
2 Year87.8%
3 Year119.59%
5 Year102.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.65
ATR(20)%1.5%
ATR Inc10.44%
Range Today0
ADR(20)1.32
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
CRS92.33
Mansfield2.32
10 Day High105.48
10 Day Low97.89
20 Day High105.48
20 Day Low96.29
52 Week High105.48
52 Week Low60.91
CS1 End103.14
CR1 StartN/A
Volume & EV
DER(3)-1.72%
DER(5)-4.33%
Volume20.45K
Volume Incr19.05%
Vol(5)41.22K
Vol(50)35.91K