WT PALLADIUM 2X DLY LVRGD (2PAL.MI) Stock Technical Analysis
Europe - BIT:2PAL - IE00B94QLN63 - ETF
10.28 EUR
+0.71 (+7.4%)
We assign a technical rating of 8 out of 10 to 2PAL. In the last year, 2PAL was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month 2PAL has a been trading in the 7.70 - 10.28 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, 2PAL did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
2PAL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 2PAL is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although 2PAL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.09
11.62
We found 3 important support areas.
- A support zone ranging from 10.27 to 10.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.79 to 8.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.17 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @10.97 from a trend line in the weekly time frame.
- Resistance @11.15 from a trend line in the daily time frame.
- A resistance zone ranging from 11.50 to 11.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for 2PAL.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 2PAL.MI is up. |
| ChartMill Relative Strength | 85 | POSITIVE | 2PAL.MI has a high relative strength, it outperformed 85% 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) | 63.08 | NEUTRAL | The RSI value for 2PAL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests 2PAL.MI has a positive trend. |
| Stochastics (14,3) | 95.33 | OVERBOUGHT | The high Stochastics value suggests 2PAL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for 2PAL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.37 | NEGATIVE | The low ADX value for 2PAL.MI suggests a weak or negative 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 (9/12/2025, 4:09:06 PM)
10.28
+0.71 (+7.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.4%
1 Week22.51%
2 Weeks31.64%
1 Month5.85%
3 Month36.63%
6 Month30.39%
12 Month21.04%
2 Year-40.97%
3 Year-96.38%
5 Year-97.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%5%
ATR Inc19.4%
Range Today0.28
ADR(20)0.39
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85
Mansfield1.22
10 Day High10.28
10 Day Low7.88
20 Day High10.28
20 Day Low7.7
52 Week High13.35
52 Week Low5.84
CS1 End10.27
CR1 Start10.97
Volume & EV
DER(3)18.92%
DER(5)10.7%
Volume1.87K
Volume Incr9.37%
Vol(5)41.28K
Vol(50)54.46K