WT PALLADIUM 2X DLY LVRGD (2PAL.MI) Stock Technical Analysis
BIT:2PAL - Euronext Milan - IE00B94QLN63 - ETF - Currency: EUR
Overall 2PAL gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, 2PAL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that 2PAL is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this relatively good performance is mostly due to a recent big move.
2PAL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 2PAL is lagging the market slightly.
In the last month 2PAL has a been trading in the 7.63 - 12.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although 2PAL has an excellent technical rating, it does not present a decent entry opportunity 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
7.40
11.53
2 important support areas can be observed.
- A support zone ranging from 9.85 to 9.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.47 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @11.42 from a trend line in the daily 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 | 91.64 | POSITIVE | 2PAL.MI has a high relative strength, it outperformed 91.64% 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) | 52.54 | NEUTRAL | The RSI value for 2PAL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests 2PAL.MI has a negative trend. |
| Stochastics (14,3) | 54.22 | NEUTRAL | The Stochastics value for 2PAL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.36 | HIGH VOLATILITY | The high ATR as a percentage value for 2PAL.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.82 | 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 (7/31/2025, 7:00:00 PM)
9.905
-1.26 (-11.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-11.25%
1 Week-11.39%
2 Weeks-8.94%
1 Month17.26%
3 Month49.46%
6 Month25.05%
12 Month30.48%
2 Year-41.18%
3 Year-96.17%
5 Year-97.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%8.36%
ATR Inc15.72%
Range Today0.61
ADR(20)0.64
ADR(20)%6.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.64
Mansfield1.11
10 Day High12.52
10 Day Low9.8
20 Day High12.52
20 Day Low7.63
52 Week High13.35
52 Week Low5.84
CS1 End9.89
CR1 Start11.42
Volume & EV
DER(3)0%
DER(5)0%
Volume66.57K
Volume Incr-44.62%
Vol(5)43.12K
Vol(50)71.74K