WT CAC 40 3X DAILY SHORT (3CAS.PA) Stock Technical Analysis
EPA:3CAS - Euronext Paris - Matif - XS2637077533 - ETF - Currency: EUR
Overall 3CAS gets a technical rating of 1 out of 10. 3CAS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
3CAS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 35.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.00, a Stop Loss order could be placed below this zone.
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31.19
We found 1 important support area.
- A support zone ranging from 31.50 to 32.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 35.85 to 36.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @45.72 from a trend line in the weekly time frame.
- Resistance @48.16 from a horizontal line in the weekly time frame.
- Resistance @51.03 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) | UP | MIXED | The current price of 3CAS.PA is below the rising 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) | 46.41 | NEUTRAL | The RSI value for 3CAS.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests 3CAS.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.04 | NEUTRAL | The Stochastics value for 3CAS.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for 3CAS.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.24 | NEGATIVE | The low ADX value for 3CAS.PA suggests a weak or negative trend. |
EPA:3CAS (8/7/2025, 7:00:00 PM)
33.7
-0.91 (-2.63%)