Is ESGL Holdings Ltd. technically bullish or bearish?

Sep 20 2025 08:26 PM IST
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As of August 5, 2025, ESGL Holdings Ltd. has a mildly bullish technical trend, supported by positive MACD and Bollinger Bands, despite some mixed signals, and has significantly outperformed the S&P 500 with a year-to-date return of 198.52%.
As of 5 August 2025, the technical trend for ESGL Holdings Ltd. has changed from bullish to mildly bullish. The weekly MACD is bullish, and the monthly MACD is mildly bullish, supporting a positive outlook. Bollinger Bands are bullish on both weekly and monthly time frames, while moving averages are bullish on the daily. However, the KST indicates a mildly bearish stance on the weekly, and the OBV shows a mildly bullish trend weekly but mildly bearish monthly. Dow Theory also reflects a mildly bullish position on both weekly and monthly time frames.

In terms of performance, ESGL has significantly outperformed the S&P 500 across multiple periods, with a year-to-date return of 198.52% compared to the S&P 500's 12.22%. Overall, the current technical stance is mildly bullish, driven by strong momentum indicators despite some mixed signals.
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