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Mirae Asset Nifty 100 ESG Sector Leaders ETF

ESG.BOBSE
Financial Services
Asset Management
38.50
-0.19(-0.49%)
Indian Market opens in 15h 6m

Mirae Asset Nifty 100 ESG Sector Leaders ETF (ESG.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mirae Asset Nifty 100 ESG Sector Leaders ETF (BSE:ESG.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ESG.BO Technical Analysis Summary

Mirae Asset Nifty 100 ESG Sector Leaders ETF stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 29.85)
Trend Strength:Very Strong (ADX: 47.73)
Volatility:Low (ATR: 0.74)
Support/Resistance:$37.44 – $43.31 (Bollinger Bands)

Overall, Mirae Asset Nifty 100 ESG Sector Leaders ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 29.85

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 17.21

Bullish
Oversold zone signals rebound potential.

Williams %R: -99.47

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -9.46

Strongly Bearish
Sharp downside momentum.

Takeaway:Mirae Asset Nifty 100 ESG Sector Leaders ETF shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -1.16

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 47.73

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.74

Low
Low volatility, stable price action.

CCI (14): -146.19

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Mirae Asset Nifty 100 ESG Sector Leaders ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$43.31
Middle Band (SMA 20)
$40.37
Lower Band
$37.44
Current Position
Within Bands

Takeaway:Mirae Asset Nifty 100 ESG Sector Leaders ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$41.62
Middle Line (EMA 20)
$40.14
Lower Channel
$38.65
Squeeze Status
No Squeeze

Takeaway:Mirae Asset Nifty 100 ESG Sector Leaders ETF trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-11.59K
Money Flow Index19.33Bullish, oversold conditions signal rebound potential.
Relative Vigor Index31.97Bearish, price momentum favors sellers.

Overall Takeaway:ESG.BO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Mirae Asset Nifty 100 ESG Sector Leaders ETF, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Mirae Asset Nifty 100 ESG Sector Leaders ETF shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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