WT EURO STX BNK 3X DLY LVRGD (3BAL.MI) Stock Technical Analysis
BIT:3BAL - Euronext Milan - IE00BLS09N40 - ETF - Currency: EUR
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.
3BAL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so 3BAL is leading the market.
In the last month 3BAL has a been trading in the 23.31 - 31.75 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that 3BAL is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by 3BAL over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
3BAL has an excellent technical rating, but the quality of the setup is 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
15.75
31.61
3 important support areas can be observed.
- A support zone ranging from 28.60 to 28.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @18.25 from a trend line in the weekly time frame.
- Support @15.91 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @31.30 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 | 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 | 97.86 | POSITIVE | 3BAL.MI has a high relative strength, it outperformed 97.86% 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) | 62.16 | NEUTRAL | The RSI value for 3BAL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests 3BAL.MI has a negative trend. |
| Stochastics (14,3) | 66.73 | NEUTRAL | The Stochastics value for 3BAL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for 3BAL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.25 | 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 (5/30/2025, 7:00:00 PM)
30.13
+0.08 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week4.22%
2 Weeks4.31%
1 Month24.5%
3 Month26.23%
6 Month178.16%
12 Month121.51%
2 Year600.05%
3 Year637.04%
5 Year1714.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.31
ATR(20)%4.18%
ATR Inc-27.1%
Range Today0.82
ADR(20)1.06
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.86
Mansfield8.29
10 Day High31.75
10 Day Low26.71
20 Day High31.75
20 Day Low23.31
52 Week High31.75
52 Week Low8.1
CS1 End28.91
CR1 Start31.3
Volume & EV
DER(3)-0.15%
DER(5)-0.05%
Volume62.82K
Volume Incr-47.08%
Vol(5)62.25K
Vol(50)131.44K