WT BRENT CRUDE 3X DLY SHORT (3BFS.DE) Stock Technical Analysis
FRA:3BFS - IE00BLRPRK35 - ETF
0.5342 EUR
-0.02 (-2.87%)
Taking everything into account, 3BFS scores 1 out of 10 in our technical rating. 3BFS 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, 3BFS is a bad performer in the overall market: 97% of all stocks are doing better.
3BFS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month 3BFS has a been trading in the 0.44 - 0.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
3BFS 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
0.46
0.93
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.48 from a horizontal line in the weekly time frame.
- Support @0.46 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.58 from a horizontal line in the daily time frame.
- Resistance @0.88 from a trend line in the weekly time frame.
- Resistance @0.92 from a horizontal line in the weekly 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 3BFS.DE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 3BFS.DE is neutral. |
| ChartMill Relative Strength | 3.34 | NEGATIVE | 3BFS.DE has a low relative strength, it was outperformed by 96.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3BFS.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 3BFS.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3BFS.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.58 | NEUTRAL | The RSI value for 3BFS.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests 3BFS.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.12 | NEUTRAL | The Stochastics value for 3BFS.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for 3BFS.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.76 | NEGATIVE | The low ADX value for 3BFS.DE 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)
FRA:3BFS (8/21/2025, 7:00:00 PM)
0.5342
-0.02 (-2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.87%
1 Week-7.27%
2 Weeks3.89%
1 Month0.3%
3 Month-30.9%
6 Month-18.47%
12 Month-27.36%
2 Year-46.88%
3 Year-70.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%4.52%
ATR Inc-34%
Range Today0.01
ADR(20)0.02
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.34
Mansfield-3.05
10 Day High0.58
10 Day Low0.53
20 Day High0.58
20 Day Low0.44
52 Week High1.12
52 Week Low0.42
CS1 End0.53
CR1 Start0.55
Volume & EV
DER(3)0%
DER(5)0%
Volume78.35K
Volume Incr-83.43%
Vol(5)47.97K
Vol(50)293.70K