


Technical Sentiment Analysis for TrueShares Eagle Global Renewable Energy Income ETF (RNWZ). As of 2026-05-22, TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 5 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RNWZ stands at 48.38, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.13, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 37.41 and the Commodity Channel Index (CCI) at -42.28 further confirm a -0.21 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RNWZ is trading above its 60-day moving average of $32.05 and above its 200-day long-term moving average of $28.67. Key price levels to watch include the immediate resistance at $32.85 and strong support at $31.35. A break above $32.85 could signal a bull continuation, while falling below $31.35 may test the next Fibonacci floor at $30.6.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 29.85 | 30.6 | 31.35 | 32.1 | 32.85 | 33.6 | 34.35 |
| Fibonacci | 30.6 | 31.17 | 31.52 | 32.1 | 32.67 | 33.02 | 33.6 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 48.38 |
| Stochastic Oscillator | 37.41 |
| Stochastic RSI | 26.44 |
| Commodity Channel Index (CCI) | -42.28 |
| Awesome Oscillator | -0.8 |
| Momentum | -0.21 |
| MACD | -0.13 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 31.91 | Buy |
| 10-Day | 32.11 | Buy |
| 20-Day | 32.51 | Sell |
| 60-Day | 32.05 | Buy |
| 200-Day | 28.67 | Buy |
| 250-Day | 27.8 | Buy |