WT BRENT CRUDE 3X DLY SHORT (3BFS.DE) Stock Technical Analysis
FRA:3BFS - Deutsche Boerse Ag - IE00BLRPRK35 - ETF - Currency: EUR
Taking everything into account, 3BFS scores 6 out of 10 in our technical rating. 3BFS was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, 3BFS did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
3BFS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 3BFS is lagging the market slightly.
In the last month 3BFS has a been trading in the 0.72 - 1.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
3BFS has an average technical rating and it also 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
0.58
0.94
5 important support areas can be observed.
- A support zone ranging from 0.79 to 0.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.72 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.64 from a trend line in the daily time frame.
- Support @0.62 from a horizontal line in the daily time frame.
- Support @0.59 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.90 to 0.93. 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 | NEUTRAL | NEUTRAL | The long term trend for 3BFS.DE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 3BFS.DE is neutral. |
| ChartMill Relative Strength | 87.5 | POSITIVE | 3BFS.DE has a high relative strength, it outperformed 87.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 3BFS.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3BFS.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 3BFS.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.28 | 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. |
| Stochastics (14,3) | 75.61 | NEUTRAL | The Stochastics value for 3BFS.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.95 | HIGH VOLATILITY | The high ATR as a percentage value for 3BFS.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.85 | 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 (5/30/2025, 7:00:00 PM)
0.8466
+0.04 (+4.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.88%
1 Week9.51%
2 Weeks9.65%
1 Month-8.56%
3 Month19.69%
6 Month10.16%
12 Month11.51%
2 Year-53.95%
3 Year-43.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%5.95%
ATR Inc61.71%
Range Today0.06
ADR(20)0.04
ADR(20)%4.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.5
Mansfield0.98
10 Day High0.85
10 Day Low0.73
20 Day High1
20 Day Low0.72
52 Week High1.12
52 Week Low0.56
CS1 End0.8
CR1 Start0.9
Volume & EV
DER(3)0%
DER(5)0%
Volume113.06K
Volume Incr-48.83%
Vol(5)62.63K
Vol(50)130.99K