


Technical Sentiment Analysis for TrueShares Eagle Global Renewable Energy Income ETF (RNWZ). As of 2026-03-12, TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 10 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RNWZ stands at 57.43, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.3, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 35.92 and the Commodity Channel Index (CCI) at -4.47 further confirm a -0.53 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RNWZ is trading above its 60-day moving average of $29.4 and above its 200-day long-term moving average of $26.68. Key price levels to watch include the immediate resistance at $31.88 and strong support at $30.27. A break above $31.88 could signal a bull continuation, while falling below $30.27 may test the next Fibonacci floor at $29.51.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 28.66 | 29.51 | 30.27 | 31.12 | 31.88 | 32.73 | 33.49 |
| Fibonacci | 29.51 | 30.12 | 30.5 | 31.12 | 31.73 | 32.11 | 32.73 |
2026-03-12
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 57.43 |
| Stochastic Oscillator | 35.92 |
| Stochastic RSI | 30.12 |
| Commodity Channel Index (CCI) | -4.47 |
| Awesome Oscillator | 0.29 |
| Momentum | -0.53 |
| MACD | 0.3 |
2026-03-12
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 30.83 | Buy |
| 10-Day | 31.03 | Buy |
| 20-Day | 31.02 | Buy |
| 60-Day | 29.4 | Buy |
| 200-Day | 26.68 | Buy |
| 250-Day | 25.82 | Buy |