NASDAQ:ESMV - Nasdaq - US46436E4456 - ETF - Currency: USD
Overall ESMV gets a technical rating of 8 out of 10. Both in the recent history as in the last year, ESMV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, ESMV also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 29.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.92, a Stop Loss order could be placed below this zone.
26.54
2 important support areas can be observed.
We can see 2 important resistance areas.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
29.28 | 28.59 | 0.69 (2.36%) | 25.00% |
An entry @29.28. This is a Buy Stop order right above the resistance zone. | An exit @28.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.69 points, which is 2.36%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%. |
NASDAQ:ESMV (3/7/2025, 8:22:17 PM)
28.943
+0.28 (+0.98%)