WT BRENT CRUDE 3X DLY SHORT (3BRS.MI) Stock Technical Analysis
Europe - BIT:3BRS - IE00BLRPRK35 - ETF
0.4864 EUR
+0.01 (+1.52%)
We assign a technical rating of 1 out of 10 to 3BRS. 3BRS 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, 3BRS is a bad performer in the overall market: 89% of all stocks are doing better.
3BRS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month 3BRS has a been trading in the 0.44 - 0.58 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
3BRS has an average volume of 1754010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
3BRS has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.47
1.03
When analyzing the support we notice one important area.
- Support @0.47 from a trend line in the daily time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 @0.56 from a horizontal line in the daily time frame.
- Resistance @0.69 from a trend line in the weekly time frame.
- Resistance @0.77 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 | DOWN | NEGATIVE | The long term trend for 3BRS.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3BRS.MI is down. |
| ChartMill Relative Strength | 11.08 | NEGATIVE | 3BRS.MI has a low relative strength, it was outperformed by 88.92% 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) | DOWN | NEGATIVE | The current price of 3BRS.MI is below a declining 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) | 42.96 | 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) | 16.29 | OVERSOLD | The low Stochastics value suggests 3BRS.MI may be oversold. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for 3BRS.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 8.9 | NEGATIVE | The low ADX value for 3BRS.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:3BRS (9/17/2025, 7:00:00 PM)
0.4864
+0.01 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.52%
1 Week-12.72%
2 Weeks-7.56%
1 Month9.06%
3 Month-5.24%
6 Month-25.72%
12 Month-31.66%
2 Year-41.22%
3 Year-78.43%
5 Year47.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%6.34%
ATR Inc-33.31%
Range Today0.01
ADR(20)0.03
ADR(20)%5.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.08
Mansfield-3.74
10 Day High0.56
10 Day Low0.47
20 Day High0.58
20 Day Low0.44
52 Week High1.14
52 Week Low0.42
CS1 End0.47
CR1 Start0.52
Volume & EV
DER(3)0%
DER(5)0%
Volume797.34K
Volume Incr-18.61%
Vol(5)1.47M
Vol(50)1.75M