WT BRENT CRUDE 3X DLY SHORT (3BRS.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:3BRS - IE00BLRPRK35 - ETF
Overall 3BRS gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. 3BRS was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, 3BRS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.45
We found 3 important support areas.
- Support @0.52 from a horizontal line in the daily time frame.
- Support @0.46 from a trend line in the daily time frame.
- A support zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- Resistance @0.59 from a trend line in the daily time frame.
- Resistance @0.61 from a horizontal line in the weekly time frame.
- Resistance @0.63 from a horizontal line in the daily time frame.
- Resistance @0.69 from a trend line in the weekly time frame.
- Resistance @0.83 from a trend line in the weekly time frame.
- Resistance @1.02 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 | NEUTRAL | NEUTRAL | The long term trend for 3BRS.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 3BRS.MI is neutral. |
| ChartMill Relative Strength | 13.78 | NEGATIVE | 3BRS.MI has a low relative strength, it was outperformed by 86.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 3BRS.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3BRS.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3BRS.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51 | NEUTRAL | The RSI value for 3BRS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests 3BRS.MI has a negative trend. |
| Stochastics (14,3) | 44.39 | NEUTRAL | The Stochastics value for 3BRS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.19 | HIGH VOLATILITY | The high ATR as a percentage value for 3BRS.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.16 | NEGATIVE | The low ADX value for 3BRS.MI suggests a weak or negative trend. |
BIT:3BRS (12/1/2025, 7:00:00 PM)
0.5598
+0 (+0.32%)
WT BRENT CRUDE 3X DLY SHORT / 3BRS.MI FAQ
What is the technical rating for 3BRS stock?
ChartMill assigns a technical rating of 4 / 10 to 3BRS.MI.
What is the current trend direction of WT BRENT CRUDE 3X DLY SHORT (3BRS.MI) stock?
The current trend direction for WT BRENT CRUDE 3X DLY SHORT (3BRS.MI) is Bearish.
What is the RSI signal for WT BRENT CRUDE 3X DLY SHORT (3BRS.MI) stock?
WT BRENT CRUDE 3X DLY SHORT (3BRS.MI) has an RSI value of 50.9964. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WT BRENT CRUDE 3X DLY SHORT?
The MACD indicator for WT BRENT CRUDE 3X DLY SHORT (3BRS.MI) has a value of -0.000578243, indicating a bearish trend.