


Technical Sentiment Analysis for TrueShares Eagle Global Renewable Energy Income ETF (RNWZ). As of 2026-05-04, TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 6 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RNWZ stands at 53.17, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.34, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 82.03 and the Commodity Channel Index (CCI) at -13.1 further confirm a 0.42 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RNWZ is trading above its 60-day moving average of $31.71 and above its 200-day long-term moving average of $28.15. Key price levels to watch include the immediate resistance at $33.6 and strong support at $32.02. A break above $33.6 could signal a bull continuation, while falling below $32.02 may test the next Fibonacci floor at $31.2.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 30.44 | 31.2 | 32.02 | 32.78 | 33.6 | 34.36 | 35.18 |
| Fibonacci | 31.2 | 31.8 | 32.18 | 32.78 | 33.38 | 33.76 | 34.36 |
2026-05-04
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 53.17 |
| Stochastic Oscillator | 82.03 |
| Stochastic RSI | 73.06 |
| Commodity Channel Index (CCI) | -13.1 |
| Awesome Oscillator | 0.73 |
| Momentum | 0.42 |
| MACD | 0.34 |
2026-05-04
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 33.01 | Sell |
| 10-Day | 32.84 | Sell |
| 20-Day | 32.85 | Sell |
| 60-Day | 31.71 | Buy |
| 200-Day | 28.15 | Buy |
| 250-Day | 27.28 | Buy |