LS 3X LONG COIN (3CON.MI) Stock Technical Analysis
BIT:3CON - Euronext Milan - XS2399367254 - ETF - Currency: EUR
Overall 3CON gets a technical rating of 2 out of 10. 3CON has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
3CON is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so 3CON is lagging the market.
In the last month 3CON has a been trading in the 3.20 - 8.62 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that 3CON is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of 3CON is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.48
8.38
When analyzing the support we notice one important area.
- Support @4.53 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 3CON.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 3CON.MI is neutral. |
| ChartMill Relative Strength | 76.82 | POSITIVE | 3CON.MI has a high relative strength, it outperformed 76.82% 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) | DOWN | MIXED | The current price of 3CON.MI is above a declining 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) | 64.38 | NEUTRAL | The RSI value for 3CON.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests 3CON.MI has a positive trend. |
| Stochastics (14,3) | 75.65 | NEUTRAL | The Stochastics value for 3CON.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 11.76 | HIGH VOLATILITY | The high ATR as a percentage value for 3CON.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.47 | NEGATIVE | The low ADX value for 3CON.MI suggests a weak or negative 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 (6/20/2025, 7:00:00 PM)
8.294
+1.68 (+25.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg25.48%
1 Week61.39%
2 Weeks28.63%
1 Month127.45%
3 Month115.77%
6 Month-78.12%
12 Month-89.59%
2 Year4.66%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.2
ATR(20)%11.76%
ATR Inc113.47%
Range Today1.56
ADR(20)0.61
ADR(20)%7.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.82
Mansfield-6.57
10 Day High8.62
10 Day Low4.01
20 Day High8.62
20 Day Low3.2
52 Week High133.67
52 Week Low1.05
CS1 End4.53
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume415.88K
Volume Incr46.97%
Vol(5)173.84K
Vol(50)105.35K