AM MSCI EU ESG LEAD-ETF A (ESGE.MI) Stock Technical Analysis
BIT:ESGE - Euronext Milan - LU1940199711 - ETF - Currency: EUR
Taking everything into account, ESGE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ESGE is showing a nice and steady performance.
Warning: ESGE has an average volume of 9625 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ESGE did better than 89% of all other stocks. We also observe that the gains produced by ESGE over the past year are nicely spread over this period.
ESGE is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month ESGE has a been trading in the 32.62 - 35.93 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although ESGE 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
29.85
36.22
We found 2 important support areas.
- A support zone ranging from 32.34 to 34.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.15 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.41 to 35.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.56
Mansfield-0.73
10 Day High35.93
10 Day Low33.09
20 Day High35.93
20 Day Low32.62
52 Week High35.93
52 Week Low21.62
Performance
1 Week1.38%
2 Weeks7.26%
1 Month3.4%
3 Month6.92%
6 Month33.97%
12 Month58.69%
2 Year23.53%
3 Year22.91%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)63.84
LBB32.03
UBB36.26
BIT:ESGE (3/5/2025, 7:00:00 PM)
35.3
-0.55 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.53%
1 Week1.38%
2 Weeks7.26%
1 Month3.4%
3 Month6.92%
6 Month33.97%
12 Month58.69%
2 Year23.53%
3 Year22.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%1.21%
ATR Inc39.09%
Range Today0.24
ADR(20)0.18
ADR(20)%0.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.56
Mansfield-0.73
10 Day High35.93
10 Day Low33.09
20 Day High35.93
20 Day Low32.62
52 Week High35.93
52 Week Low21.62
CS1 End34.04
CR1 Start35.41
Volume & EV
DER(3)0%
DER(5)0%
Volume4.25K
Volume Incr-49.19%
Vol(5)4.07K
Vol(50)9.63K