BIT:3CON - XS2399367254 - ETF
Overall 3CON gets a technical rating of 2 out of 10. 3CON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, 3CON does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for 3CON in the last couple of days, which is a good sign.
5.08
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 3CON.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3CON.MI is down. |
ChartMill Relative Strength | 15.21 | NEGATIVE | 3CON.MI has a low relative strength, it was outperformed by 84.79% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of 3CON.MI is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of 3CON.MI is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3CON.MI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 42.54 | NEUTRAL | The RSI value for 3CON.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests 3CON.MI has a positive trend. |
Stochastics (14,3) | 26.64 | NEUTRAL | The Stochastics value for 3CON.MI is a neutral value. |
Average True Range in percent/ATR (20) | 13.67 | HIGH VOLATILITY | The high ATR as a percentage value for 3CON.MI suggests high volalility. |
Average Directional Index/ADX (14) | 20.45 | NEUTRAL | The ADX value for 3CON.MI suggests a possible start of a new trend. |
BIT:3CON (9/9/2025, 5:29:57 PM)
6
+0.43 (+7.82%)