ES technical analysis

ES Technical Analysis

Analysis date

July 14, 2026

Market

CME (USD)

Daily cutoff

July 13, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

ES Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
ES (ES=F)
Market
CME (Chicago Mercantile Exchange)
Currency
USD (US Dollar)
Latest completed bar
July 13, 2026

Futures contract with no dividend adjustments (factor 1.0). Continuous contract pricing with rollover at expiration. Latest rollover occurred June 18, 2026 from Jun 26 to Sep 26 contract.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)7,563.00July 13, 2026-Verified
Investing.com (independent)7,563.00July 13, 2026 (previous close)0.00%Verified

Bottom line

ES Technical Analysis Summary

ES (E-Mini S&P 500 Futures) shows a bullish technical structure on both daily and weekly timeframes. The daily trend is positive with price at 7,563.00 above SMA20 (7,512.17), SMA50 (7,469.70), and SMA200 (6,998.08), forming a bullish ascending alignment. RSI14 at 54.96 on the daily and 65.89 on the weekly indicates bullish momentum without overbought extremes on the daily, though the weekly RSI is approaching overbought territory. The MACD on both timeframes is positive with a rising histogram (daily 5.30, weekly 24.03), confirming broad momentum. Price is in the 95th percentile of the 52-week range at 7,563.00 (52w range: 6,239.50 - 7,632.25), reflecting a strong uptrend over the past year. Key support is at 7,357.25 (20-day low) and 7,046.50 (60-day low). Key resistance is at 7,628.75 (20-day high) and 7,632.25 (60-day high / 52-week high). A breakout above 7,632 would signal trend continuation; a breakdown below 7,357 would suggest near-term weakness.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 13, 2026)

Trend
Bullish. Price at 7,563.00 is above SMA20 (7,512.17), SMA50 (7,469.70), and SMA200 (6,998.08). The bull-aligned moving averages (SMA20 > SMA50 > SMA200) confirm a well-established uptrend. Price pulled back -0.75% on July 13 but remains within the upper portion of the recent range.
Momentum
Bullish. RSI14 at 54.96 is above the 50 midline, indicating positive momentum without overbought conditions. MACD at 40.09 with signal at 34.79 and a positive histogram of 5.30 confirms building upward momentum. The MACD histogram remains positive though showing minor compression from recent highs.
Volatility
Moderate. ATR14 at 95.49 (1.26% of price) reflects normal daily volatility for equity index futures. Bollinger Bands (7,385.23 to 7,639.12) are moderately wide with price near the upper half, consistent with the recent uptrend.
Volume
Below average. Latest volume of 1,076,448 contracts is 75.8% of the 20-period average (1,420,926), indicating slightly reduced participation during the recent pullback.

Assessment

The daily timeframe remains bullish. Price is above all key moving averages with a clean ascending alignment. RSI in positive territory and MACD with a rising histogram support the uptrend. The -0.75% pullback on July 13 is minor in the context of the broader trend. A move above 7,628.75 (20-day high) would reaffirm upside momentum.

Weekly (July 6, 2026 week)

Trend
Bullish. Price at 7,620.25 is well above SMA20 (7,162.88), SMA50 (6,911.06), and SMA200 (5,460.06). The wide positive spacing between moving averages reflects a strong long-term uptrend. The rising SMA200 at 5,460 confirms a multi-year structural uptrend.
Momentum
Bullish but extending. RSI14 at 65.89 is in bullish territory and approaching overbought (typically 70+), suggesting momentum is strong but the move is becoming extended. MACD at 214.94 with signal at 190.91 and a positive histogram of 24.03 confirms strong weekly momentum with no signs of bearish divergence.
Volatility
Moderate. ATR14 at 207.47 (2.72% of price) reflects normal weekly ranges for equity index futures in an uptrend.
Volume
Below average. Weekly volume of 6,085,714 contracts is 77.5% of the 20-week average (7,848,496), suggesting the rally has occurred on declining participation.

Assessment

The weekly timeframe confirms a strong long-term bullish trend. Price at the 99th percentile of the 52-week range highlights the sustained upward momentum. RSI at 65.89 is approaching overbought, warranting attention but not an immediate reversal signal in a strong trend. The MACD histogram at 24.03 remains positive and rising. The key risk is the extended nature of the rally with declining volume participation.

Key indicators

ES Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)54.9665.89
MACD (12, 26, 9)40.09 / 34.79 / 5.30214.94 / 190.91 / 24.03
ATR (14)95.49 (1.26%)207.47 (2.72%)
Bollinger Bands (20, 2)7,385.23 - 7,639.126,391.91 - 7,933.85
SMA (20)7,512.177,162.88
SMA (50)7,469.706,911.06
SMA (200)6,998.085,460.06

Price structure

ES Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price7,563.007,620.25
1-Period Return-0.75%+0.84%
5-Period Return-0.38%+2.97%
20-Period Return+2.26%+10.07%
60-Period Return+7.12%+27.52%
252-Period Return+19.59%+70.92%
52-Week Low6,239.506,239.50
52-Week High7,632.257,632.25
52-Week Position95.03%99.14%

Key levels

ES Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High7,628.757,632.25
20-Period Low7,357.256,353.25
60-Period High7,632.257,632.25
60-Period Low7,046.505,756.50

Scenarios

ES Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above and sustains beyond 7,632.25 (52-week high / 60-day high), confirming trend continuation.

Invalidation

Price falls below the 20-day low of 7,357.25.

What to watch

Sustained close above SMA20 (7,512.17); RSI remaining above 50 on daily; MACD histogram expanding above 5; volume increasing on up days.

Range-Bound

Trigger

Price oscillates between 7,357.25 (20-day low) and 7,628.75-7,632.25 (20-day / 52-week high) without a decisive breakout.

Invalidation

A decisive break of either boundary with above-average volume.

What to watch

RSI staying between 40 and 60; volume remaining near or below average; price respecting the 7,357 support zone.

Bearish

Trigger

Price breaks below the 20-day low at 7,357.25 and then the 60-day low at 7,046.50.

Invalidation

Price reclaims SMA20 (7,512.17) and holds above it.

What to watch

Sustained closes below SMA20 (7,512); increasing downside volume; daily RSI falling below 45; weekly RSI crossing below 60.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Investing.com (independent cross-validation). The daily analysis covers approximately 2 years (502 completed bars) ending July 13, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are for the E-Mini S&P 500 continuous futures contract (ES=F on Yahoo Finance, ESU26 contract). Adjustment factor is 1.0 as futures contracts do not have dividend adjustments; contract rollover occurred on June 18, 2026 from the Jun 26 contract to the Sep 26 contract. Volume data represents number of contracts traded from the primary source. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security or futures contract. Past performance and historical patterns are not guarantees of future results. Futures trading involves substantial risk of loss and is not suitable for all investors. Always conduct your own research and consult with a qualified financial advisor before making trading or investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 13, 2026, weekly July 6, 2026 week. Generated July 14, 2026.