WT EURO STX BNK 3X DLY LVRGD (3BAL.MI) Stock Technical Analysis
Europe - BIT:3BAL - IE00BLS09N40 - ETF
44.45 EUR
+0.54 (+1.23%)
We assign a technical rating of 10 out of 10 to 3BAL. Both in the recent history as in the last year, 3BAL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, 3BAL did better than 98% of all other stocks. We also observe that the gains produced by 3BAL over the past year are nicely spread over this period.
3BAL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month 3BAL has a been trading in the 37.99 - 46.00 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, 3BAL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 46.55. Right above this resistance zone may be a good entry point.
More info and screens
23.16
47.02
We found 4 important support areas.
- A support zone ranging from 43.64 to 44.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @41.85 from a trend line in the daily time frame.
- A support zone ranging from 38.75 to 39.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.39 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 46.55 to 46.55. 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 | UP | POSITIVE | The long term trend for 3BAL.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3BAL.MI is up. |
| ChartMill Relative Strength | 98.84 | POSITIVE | 3BAL.MI has a high relative strength, it outperformed 98.84% 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) | 56.66 | NEUTRAL | The RSI value for 3BAL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests 3BAL.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.34 | NEUTRAL | The Stochastics value for 3BAL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for 3BAL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.13 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 46.56 | 43.63 | 2.93 (6.29%) | 15.89% |
| An entry @46.56. This is a Buy Stop order right above the resistance zone. | An exit @43.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.93 points, which is 6.29%. | For a 1.00% total portfolio risk, you can invest 15.89% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:3BAL (9/30/2025, 7:00:00 PM)
44.45
+0.54 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.23%
1 Week2.45%
2 Weeks-3.03%
1 Month9.59%
3 Month52.49%
6 Month178.37%
12 Month302.85%
2 Year644.06%
3 Year1842.74%
5 Year3630.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.79
ATR(20)%4.17%
ATR Inc-38.41%
Range Today0.98
ADR(20)1.67
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.84
Mansfield6.31
10 Day High45.4
10 Day Low41.41
20 Day High46
20 Day Low37.99
52 Week High47.08
52 Week Low10.05
CS1 End44.13
CR1 Start46.55
Volume & EV
DER(3)0%
DER(5)0.11%
Volume39.95K
Volume Incr-43.91%
Vol(5)39.47K
Vol(50)67.30K