L&G CYBER SECURITY INNOVATIO (ESPY.MI) Stock Technical Analysis
BIT:ESPY - Euronext Milan - IE000ST40PX8 - ETF - Currency: EUR
We assign a technical rating of 5 out of 10 to ESPY. ESPY has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
ESPY has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 14.71, a Stop Loss order could be placed below this zone.
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12.82
We found 2 important support areas.
- A support zone ranging from 14.50 to 14.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.95 from a trend line in the weekly 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 ESPY.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESPY.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ESPY.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ESPY.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESPY.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 55.6 | NEUTRAL | The RSI value for ESPY.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests ESPY.MI has a positive trend. |
| Stochastics (14,3) | 96.58 | OVERBOUGHT | The high Stochastics value suggests ESPY.MI may be overbought. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for ESPY.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.74 | NEGATIVE | The low ADX value for ESPY.MI suggests a weak or negative trend. |
BIT:ESPY (7/9/2025, 7:00:00 PM)
15.162
+0.19 (+1.27%)