


Technical Sentiment Analysis for TrueShares Eagle Global Renewable Energy Income ETF (RNWZ). As of 2026-07-08, TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 2 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RNWZ stands at 43.63, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.18, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 76.31 and the Commodity Channel Index (CCI) at -39.93 further confirm a -0.11 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RNWZ is trading above its 60-day moving average of $32.03 and above its 200-day long-term moving average of $29.67. Key price levels to watch include the immediate resistance at $31.53 and strong support at $30.94. A break above $31.53 could signal a bull continuation, while falling below $30.94 may test the next Fibonacci floor at $30.63.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 30.34 | 30.63 | 30.94 | 31.22 | 31.53 | 31.82 | 32.13 |
| Fibonacci | 30.63 | 30.85 | 31 | 31.22 | 31.45 | 31.59 | 31.82 |
2026-07-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 43.63 |
| Stochastic Oscillator | 76.31 |
| Stochastic RSI | 74.24 |
| Commodity Channel Index (CCI) | -39.93 |
| Awesome Oscillator | -0.39 |
| Momentum | -0.11 |
| MACD | -0.18 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 31.13 | Sell |
| 10-Day | 31.25 | Sell |
| 20-Day | 31.3 | Sell |
| 60-Day | 32.03 | Sell |
| 200-Day | 29.67 | Buy |
| 250-Day | 28.69 | Buy |