ES Technical Signal Analysis
ES have 3 buy signals and 2 sell signals now. The current trend is consolidation starting from 2025-03-10. The total price change during this trend is -3.74%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of ES over last 5 trading day is $171,224,118.79
3 Bullish Signal
2 Bearish Signal
Name
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-101.08
Bullish
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.04
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.15
Bullish
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 < 0
-4.01
Bearish
Moving Average
Price crosses below 5-day SMA
--
Bearish
3 Bullish Signal
Name
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-101.08
Bullish
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.04
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.15
Bullish
ES Support and Resistance Level
The support levels for ES are at 58.58, 57.23, and 55.06, while the resistance levels are at 62.94, 64.29, and 66.47. With the current stock price at 59.89, it is leaning more toward the support levels.
ES Technical Analysis
Technical Analysis of ES Stock
Current Price and Trend
As of the latest data, the price of ES stock is 60.65. The stock is currently trading near its upper Bollinger Band (61.65), suggesting potential resistance.
Key Technical Indicators
- RSI (6, 12, 14): 49.40, 50.69, 51.22 (below 70, indicating the stock is not overbought).
- StochRSI (14): 13.05 (oversold territory, suggesting a potential rebound).
- MACD (12, 26, 9): 0.35 (slightly bullish but weak momentum).
- Bollinger Bands:
- Lower Band: 56.77
- Middle Band: 60.98
- Upper Band: 61.65
Fibonacci Levels
- Pivot: 61.31
- Resistance Levels: 63.79, 65.33
- Support Levels: 58.83, 57.29
Price Action
The stock closed at 60.98 on March 7, 2025, with moderate volume of 2,954,781 shares traded. The price is nearing the upper Bollinger Band, which often acts as resistance.
Recommendation
Based on the technical analysis, ES stock is approaching resistance near 61.65. The low StochRSI suggests oversold conditions, which could lead to a short-term bounce. However, the stock may face selling pressure at the upper Bollinger Band.
Buy: If the stock pulls back to the support level of 58.83.
Sell: If the stock fails to break above the resistance at 61.65.
The current price of 60.65 is near the upper band, so caution is advised.
ES FAQs
Which bull technical signals does ES have?
Which bearish technical signals does ES have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for ES stock?
Is ES a buy based on overall technical signals summary?
ES Buy or Sell
ES has 3 buy signals and 2 sell signals now. Overall the technical rating for ES is Neutral.
Neutral
Sell
2
Buy
3
ES Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 59.89 below the SMA_5. In the short term, the stock shows a negative trend with the 60.29 below the SMA_20. In the mid term, the stock shows a positive trend with the 61.67 above the SMA_60. In the long term, the stock shows a negative trend with the 58.94 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about ES's current trend?What are ES's key support and resistance levels?