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 5 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.
3BRS 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
0.45
3 important support areas can be observed.
- Support @0.54 from a horizontal line in the daily time frame.
- Support @0.47 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.64 to 0.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.83 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for 3BRS.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3BRS.MI is up. |
| ChartMill Relative Strength | 36.14 | NEUTRAL | 3BRS.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3BRS.MI is above 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) | 58.98 | NEUTRAL | The RSI value for 3BRS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests 3BRS.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.52 | NEUTRAL | The Stochastics value for 3BRS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for 3BRS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.41 | NEUTRAL | The ADX value for 3BRS.MI suggests a possible start of a new trend. |
BIT:3BRS (12/19/2025, 7:00:00 PM)
0.6281
+0 (+0.02%)
WT BRENT CRUDE 3X DLY SHORT / 3BRS.MI FAQ
What is the technical rating for 3BRS stock?
ChartMill assigns a technical rating of 5 / 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 58.9833. 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 0.00647586, indicating a bearish trend.