WT BTP 10Y 3X DLY LEVERAGED (3BTL.MI) Stock Technical Analysis
BIT:3BTL - Euronext Milan - IE00BKT09149 - ETF - Currency: EUR
We assign a technical rating of 9 out of 10 to 3BTL. Both in the recent history as in the last year, 3BTL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: 3BTL has an average volume of 2201 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that 3BTL is one of the better performing stocks in the market, outperforming 79% of all stocks.
3BTL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so 3BTL is performing more or less in line with the market.
In the last month 3BTL has a been trading in the 114.40 - 130.10 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although 3BTL has an excellent technical rating, it does not present a decent entry opportunity 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
96.25
137.01
We found 4 important support areas.
- A support zone ranging from 119.96 to 125.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 114.69 to 117.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @111.90 from a horizontal line in the daily time frame.
- Support @97.22 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 135.65 to 135.65. 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 | UP | POSITIVE | The long term trend for 3BTL.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3BTL.MI is up. |
| ChartMill Relative Strength | 79.77 | POSITIVE | 3BTL.MI has a high relative strength, it outperformed 79.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3BTL.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3BTL.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of 3BTL.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.44 | NEUTRAL | The RSI value for 3BTL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests 3BTL.MI has a positive trend. |
| Stochastics (14,3) | 87.62 | OVERBOUGHT | The high Stochastics value suggests 3BTL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for 3BTL.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 13.38 | NEGATIVE | The low ADX value for 3BTL.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:3BTL (5/29/2025, 7:00:00 PM)
130.1
+0.98 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.76%
1 Week2.47%
2 Weeks4.84%
1 Month10.47%
3 Month2.33%
6 Month15.33%
12 Month31.44%
2 Year33.99%
3 Year8.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.45
ATR(20)%1.93%
ATR Inc33.03%
Range Today2.12
ADR(20)1.8
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.77
Mansfield-0.07
10 Day High130.1
10 Day Low124.5
20 Day High130.1
20 Day Low114.4
52 Week High136.17
52 Week Low86.37
CS1 End125.23
CR1 Start135.65
Volume & EV
DER(3)0%
DER(5)0%
Volume1.98K
Volume Incr-52.57%
Vol(5)1.29K
Vol(50)2.20K