WT PALLADIUM 2X DLY LVRGD (2PAL.MI) Stock Technical Analysis
BIT:2PAL - Euronext Milan - IE00B94QLN63 - ETF - Currency: EUR
We assign a technical rating of 9 out of 10 to 2PAL. Both in the recent history as in the last year, 2PAL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
2PAL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so 2PAL is lagging the market slightly.
In the last month 2PAL has a been trading in the 6.55 - 12.52 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that 2PAL is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although 2PAL has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.21
12.44
We found 1 important support area.
- Support @7.28 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @12.32 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 2PAL.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 2PAL.MI is up. |
| ChartMill Relative Strength | 95.84 | POSITIVE | 2PAL.MI has a high relative strength, it outperformed 95.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 2PAL.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 2PAL.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 2PAL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.8 | NEUTRAL | The RSI value for 2PAL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests 2PAL.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.14 | OVERBOUGHT | The high Stochastics value suggests 2PAL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 6.71 | HIGH VOLATILITY | The high ATR as a percentage value for 2PAL.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 28.75 | POSITIVE | The high ADX value value for 2PAL.MI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:2PAL (7/22/2025, 9:45:43 AM)
11.344
+0.17 (+1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.49%
1 Week2.76%
2 Weeks26.26%
1 Month59.96%
3 Month87.27%
6 Month41.37%
12 Month29.86%
2 Year-33.62%
3 Year-95.67%
5 Year-96.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%6.71%
ATR Inc7.45%
Range Today0
ADR(20)0.57
ADR(20)%5.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.84
Mansfield2.6
10 Day High12.52
10 Day Low8.14
20 Day High12.52
20 Day Low6.55
52 Week High13.35
52 Week Low5.84
CS1 End7.28
CR1 Start12.32
Volume & EV
DER(3)0%
DER(5)0%
Volume111
Volume Incr-17.46%
Vol(5)60.12K
Vol(50)74.55K