VANECK WRLD EQL WGT SCRN ETF (TSWE.AS) Stock Technical Analysis
AMS:TSWE - Euronext Amsterdam - NL0010408704 - ETF - Currency: EUR
We assign a technical rating of 5 out of 10 to TSWE. In the last year, TSWE was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
TSWE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 34.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.89, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
29.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.37 to 33.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.34 to 30.46. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @29.69 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 34.27 to 34.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 36.11 to 36.13. 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 TSWE.AS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSWE.AS is neutral. |
| ChartMill Relative Strength | 55.06 | NEUTRAL | TSWE.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSWE.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSWE.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TSWE.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.87 | NEUTRAL | The RSI value for TSWE.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TSWE.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.51 | NEUTRAL | The Stochastics value for TSWE.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for TSWE.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 7.65 | NEGATIVE | The low ADX value for TSWE.AS suggests a weak or negative trend. |
AMS:TSWE (7/14/2025, 7:00:00 PM)
33.96
+0.11 (+0.32%)