WT CAC 40 3X DAILY SHORT (3CAS.PA) Stock Technical Analysis
EPA:3CAS - Euronext Paris - Matif - XS2637077533 - ETF - Currency: EUR
Taking everything into account, 3CAS scores 0 out of 10 in our technical rating. 3CAS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of 3CAS is bad and it also does not present a 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.
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31.68
When analyzing the support we notice one important area.
- A support zone ranging from 32.00 to 32.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @52.24 from a trend 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 3CAS.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3CAS.PA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | 3CAS.PA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3CAS.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3CAS.PA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.83 | NEUTRAL | The RSI value for 3CAS.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.92 | NEGATIVE | The MACD value suggests 3CAS.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.32 | OVERSOLD | The low Stochastics value suggests 3CAS.PA may be oversold. |
| Average True Range in percent/ATR (20) | 7.52 | HIGH VOLATILITY | The high ATR as a percentage value for 3CAS.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.88 | NEGATIVE | The low ADX value for 3CAS.PA suggests a weak or negative trend. |
EPA:3CAS (6/13/2025, 7:00:00 PM)
34.635
+1.45 (+4.35%)