LS 3X LONG COIN (3CON.MI) Stock Technical Analysis
BIT:3CON - Euronext Milan - XS2399367254 - ETF - Currency: EUR
Taking everything into account, 3CON scores 8 out of 10 in our technical rating. In the last year, 3CON was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
3CON is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that 3CON is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month 3CON has a been trading in the 10.15 - 22.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although 3CON has an excellent technical rating, it does not offer a high 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.
More info and screens
15.53
20.64
When analyzing the support we notice one important area.
- A support zone ranging from 15.69 to 15.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @19.54 from a trend line in the daily time frame.
- Resistance @20.44 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 | UP | POSITIVE | The long term trend for 3CON.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3CON.MI is up. |
| ChartMill Relative Strength | 98.92 | POSITIVE | 3CON.MI has a high relative strength, it outperformed 98.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3CON.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3CON.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of 3CON.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.88 | NEUTRAL | The RSI value for 3CON.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests 3CON.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.5 | NEUTRAL | The Stochastics value for 3CON.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 13.54 | HIGH VOLATILITY | The high ATR as a percentage value for 3CON.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 38.95 | POSITIVE | The high ADX value value for 3CON.MI suggests a strong 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:3CON (7/24/2025, 4:08:51 PM)
15.902
+0.2 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.29%
1 Week-2.87%
2 Weeks35.34%
1 Month48.9%
3 Month336.09%
6 Month-15.16%
12 Month-63.08%
2 Year312.88%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.29
ATR(20)%13.54%
ATR Inc-23.18%
Range Today0.91
ADR(20)1.71
ADR(20)%10.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.92
Mansfield-1.43
10 Day High22.42
10 Day Low11.7
20 Day High22.42
20 Day Low10.15
52 Week High63.76
52 Week Low1.05
CS1 End15.89
CR1 Start19.54
Volume & EV
DER(3)-13.74%
DER(5)-8.25%
Volume3.07K
Volume Incr-24.69%
Vol(5)85.54K
Vol(50)111.94K