VANECK VIDEOGAMING ESPORTS (ESPO) Technical Analysis
NASDAQ:ESPO • US92189F1140
Current stock price
ESPO Technical Rating and Analysis
Overall ESPO gets a technical rating of 0 out of 10. ESPO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ESPO is a bad performer in the overall market: 73% of all stocks are doing better.
- ESPO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ESPO is lagging the market.
- In the last month ESPO has a been trading in the 87.12 - 94.50 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
ESPO Weekly and Daily overview Charts
ESPO Setup Rating and Analysis
The technical rating of ESPO 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.
More info and screens
ESPO Support and Resistance Analysis
86.34
When analyzing the support we notice one important area.
- A support zone ranging from 87.21 to 87.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 93.78 to 95.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @98.06 from a trend line in the daily time frame.
- Resistance @101.47 from a trend line in the daily time frame.
- Resistance @104.48 from a horizontal line in the daily time frame.
ESPO 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ESPO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESPO is down. |
| ChartMill Relative Strength | 27.3 | NEGATIVE | ESPO has a low relative strength, it was outperformed by 72.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESPO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ESPO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ESPO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.93 | 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) | 5.74 | OVERSOLD | The low Stochastics value suggests ESPO may be oversold. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for ESPO suggests some volalility. |
| Average Directional Index/ADX (14) | 34.11 | POSITIVE | The high ADX value value for ESPO suggests a strong trend. |
ESPO Chart- and CandleStick Pattern Analysis
ESPO Technicals: Chart, Performance Metrics, Trend & Indicators
87.48
+0.27 (+0.31%)
VANECK VIDEOGAMING ESPORTS / ESPO TA FAQ
Can you provide the ChartMill technical rating for VANECK VIDEOGAMING ESPORTS?
ChartMill assigns a technical rating of 0 / 10 to ESPO.
Can you provide the trend direction for VANECK VIDEOGAMING ESPORTS?
The current trend direction for VANECK VIDEOGAMING ESPORTS (ESPO) is Bearish.
Can you provide the RSI signal for VANECK VIDEOGAMING ESPORTS?
VANECK VIDEOGAMING ESPORTS (ESPO) has an RSI value of 35.9273. This indicates that the stock is currently neutral.
What is the buy/sell signal for ESPO stock?
The buy/sell signal for VANECK VIDEOGAMING ESPORTS (ESPO) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for VANECK VIDEOGAMING ESPORTS (ESPO) stock?
VANECK VIDEOGAMING ESPORTS (ESPO) has a support level at 87.47 and a resistance level at 93.78. Check the full technical report for our detailed analysis of ESPO support and resistance levels.