


Technical Sentiment Analysis for TrueShares Eagle Global Renewable Energy Income ETF (RNWZ). As of 2026-07-06, TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 3 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RNWZ stands at 45.46, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.19, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 70.33 and the Commodity Channel Index (CCI) at -16.05 further confirm a 0.23 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RNWZ is trading above its 60-day moving average of $32.1 and above its 200-day long-term moving average of $29.61. Key price levels to watch include the immediate resistance at $31.86 and strong support at $30.35. A break above $31.86 could signal a bull continuation, while falling below $30.35 may test the next Fibonacci floor at $29.42.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 28.84 | 29.42 | 30.35 | 30.93 | 31.86 | 32.44 | 33.37 |
| Fibonacci | 29.42 | 30 | 30.35 | 30.93 | 31.51 | 31.86 | 32.44 |
2026-07-06
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 45.46 |
| Stochastic Oscillator | 70.33 |
| Stochastic RSI | 71.34 |
| Commodity Channel Index (CCI) | -16.05 |
| Awesome Oscillator | -0.33 |
| Momentum | 0.23 |
| MACD | -0.19 |
2026-07-06
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 31.24 | Sell |
| 10-Day | 31.28 | Sell |
| 20-Day | 31.34 | Sell |
| 60-Day | 32.1 | Sell |
| 200-Day | 29.61 | Buy |
| 250-Day | 28.64 | Buy |