WT EURO STX BNK 3X DLY LVRGD (3BAL.MI) Stock Technical Analysis
BIT:3BAL - Euronext Milan - IE00BLS09N40 - ETF - Currency: EUR
Taking everything into account, 3BAL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, 3BAL is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, 3BAL did better than 98% of all other stocks. On top of that, 3BAL also shows a nice and consistent pattern of rising prices.
3BAL 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 3BAL is lagging the market slightly.
In the last month 3BAL has a been trading in the 26.50 - 33.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although 3BAL 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
17.18
31.63
4 important support areas can be observed.
- A support zone ranging from 27.93 to 27.98. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @27.16 from a horizontal line in the daily time frame.
- Support @20.25 from a trend line in the weekly time frame.
- Support @17.35 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.00 to 31.32. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for 3BAL.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 3BAL.MI is neutral. |
| ChartMill Relative Strength | 98.22 | POSITIVE | 3BAL.MI has a high relative strength, it outperformed 98.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3BAL.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3BAL.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 3BAL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.26 | NEUTRAL | The RSI value for 3BAL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests 3BAL.MI has a negative trend. |
| Stochastics (14,3) | 37.69 | NEUTRAL | The Stochastics value for 3BAL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for 3BAL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.08 | NEGATIVE | The low ADX value for 3BAL.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:3BAL (7/18/2025, 7:00:00 PM)
30.615
+0.05 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.18%
1 Week-5.39%
2 Weeks0.28%
1 Month0.56%
3 Month57.44%
6 Month104.73%
12 Month151.69%
2 Year370.49%
3 Year1111.28%
5 Year1824.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.4
ATR(20)%4.82%
ATR Inc-59.12%
Range Today0.44
ADR(20)1.16
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.22
Mansfield5.48
10 Day High33.9
10 Day Low29.15
20 Day High33.9
20 Day Low26.5
52 Week High33.9
52 Week Low8.1
CS1 End27.98
CR1 Start31
Volume & EV
DER(3)0%
DER(5)-0.02%
Volume20.38K
Volume Incr-17.38%
Vol(5)57.28K
Vol(50)82.70K