3X GERMANY 40 (3DAX.DE) Stock Technical Analysis
FRA:3DAX - Deutsche Boerse Ag - XS2472331995 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to 3DAX. Although 3DAX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than 3DAX.
Warning: 3DAX has an average volume of 648 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month 3DAX has a been trading in the 14.34 - 23.12 range, which is quite wide. It is currently trading near the high of this range.
Although 3DAX has an excellent technical rating, the quality of the presented setup is not ideal 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
13.91
23.13
When analyzing the support we can see 4 important areas.
- Support @15.73 from a trend line in the weekly time frame.
- Support @15.01 from a trend line in the weekly time frame.
- Support @14.73 from a trend line in the daily time frame.
- Support @14.05 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.89 to 22.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 3DAX.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3DAX.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 3DAX.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3DAX.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3DAX.DE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 63.68 | NEUTRAL | The RSI value for 3DAX.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests 3DAX.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.38 | OVERBOUGHT | The high Stochastics value suggests 3DAX.DE may be overbought. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for 3DAX.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.03 | NEUTRAL | The ADX value for 3DAX.DE suggests a possible start of a new 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)
FRA:3DAX (5/29/2025, 7:00:00 PM)
22.336
-0.22 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.99%
1 Week3.58%
2 Weeks21.13%
1 Month43.4%
3 Month17.3%
6 Month71.05%
12 MonthN/A
2 Year192.26%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%3.77%
ATR Inc14.94%
Range Today0.78
ADR(20)0.49
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High23.12
10 Day Low18.93
20 Day High23.12
20 Day Low14.34
52 Week HighN/A
52 Week LowN/A
CS1 End15.73
CR1 Start22.89
Volume & EV
DER(3)0%
DER(5)0%
Volume215
Volume Incr-40.2%
Vol(5)702
Vol(50)648.14