BIT:3CON - Euronext Milan - XS2399367254 - ETF - Currency: EUR
Overall 3CON gets a technical rating of 8 out of 10. 3CON has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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.
15.53
We found 1 important support area.
2 important resistance areas can be observed.
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 | 98.97 | POSITIVE | 3CON.MI has a high relative strength, it outperformed 98.97% 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. |
BIT:3CON (7/24/2025, 4:08:51 PM)
15.902
+0.2 (+1.29%)