LS 3X BABA (3BAB.MI) Stock Technical Analysis
BIT:3BAB - Euronext Milan - XS2337090851 - ETF - Currency: EUR
Overall 3BAB gets a technical rating of 0 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than 3BAB.
In the last month 3BAB has a been trading in the 2.99 - 8.06 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.
Considerably lower volume is observed in the last couple of days.
3BAB has a poor technical rating and the quality of the setup is also only medium 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
2.19
3.92
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.49 to 3.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.61 from a trend line in the weekly time frame.
- Support @2.54 from a trend line in the daily time frame.
- Support @2.21 from a horizontal 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.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3BAB.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | 3BAB.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3BAB.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3BAB.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.33 | NEUTRAL | The RSI value for 3BAB.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests 3BAB.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.28 | OVERSOLD | The low Stochastics value suggests 3BAB.MI may be oversold. |
| Average True Range in percent/ATR (20) | 21.08 | HIGH VOLATILITY | The high ATR as a percentage value for 3BAB.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.04 | NEGATIVE | The low ADX value for 3BAB.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:3BAB (6/6/2025, 7:00:00 PM)
3.884
-0.16 (-3.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.98%
1 Week-6.82%
2 Weeks-20.61%
1 Month-49.97%
3 Month-43.36%
6 Month76.07%
12 MonthN/A
2 Year-26.54%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%21.08%
ATR Inc-33.69%
Range Today0.09
ADR(20)0.37
ADR(20)%9.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High6.15
10 Day Low3.49
20 Day High8.06
20 Day Low2.99
52 Week HighN/A
52 Week LowN/A
CS1 End3.49
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume8.89K
Volume Incr-37.67%
Vol(5)20.60K
Vol(50)41.10K