LS 3X BABA (3BAB.AS) Stock Technical Analysis
AMS:3BAB - Euronext Amsterdam - XS2337090851 - ETF - Currency: EUR
Taking everything into account, 3BAB scores 0 out of 10 in our technical rating. 3BAB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
77% of all other stocks performed better in the past year than 3BAB.
3BAB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 3BAB is lagging the market.
In the last month 3BAB has a been trading in the 3.42 - 6.19 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: 3BAB has an average volume of 6350 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
The technical rating of 3BAB is bad and it also does not present a 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
2.42
5.32
We found 3 important support areas.
- Support @3.19 from a trend line in the weekly time frame.
- Support @2.76 from a trend line in the daily time frame.
- Support @2.44 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.77 to 4.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.27 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 | DOWN | NEGATIVE | The long term trend for 3BAB.AS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3BAB.AS is down. |
| ChartMill Relative Strength | 23.7 | NEGATIVE | 3BAB.AS has a low relative strength, it was outperformed by 76.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3BAB.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3BAB.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of 3BAB.AS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.75 | NEUTRAL | The RSI value for 3BAB.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests 3BAB.AS has a negative trend. |
| Stochastics (14,3) | 1.54 | OVERSOLD | The low Stochastics value suggests 3BAB.AS may be oversold. |
| Average True Range in percent/ATR (20) | 11.15 | HIGH VOLATILITY | The high ATR as a percentage value for 3BAB.AS suggests high volalility. |
| Average Directional Index/ADX (14) | 17.75 | NEGATIVE | The low ADX value for 3BAB.AS 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)
AMS:3BAB (5/30/2025, 7:00:00 PM)
3.4943
-0.39 (-9.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-9.99%
1 Week-16.31%
2 Weeks-26.48%
1 Month-28.61%
3 Month-57.53%
6 Month23.91%
12 Month46.25%
2 Year-15.6%
3 Year2413.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%11.15%
ATR Inc-6.76%
Range Today0.34
ADR(20)0.22
ADR(20)%6.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.7
Mansfield-1.6
10 Day High4.71
10 Day Low3.42
20 Day High6.19
20 Day Low3.42
52 Week High11.01
52 Week Low2.03
CS1 End3.19
CR1 Start4.77
Volume & EV
DER(3)0%
DER(5)0%
Volume4.21K
Volume Incr-62.11%
Vol(5)2.70K
Vol(50)6.35K