3X GERMANY 40 (3DAX.DE) Stock Technical Analysis
FRA:3DAX - XS2472331995 - ETF
21.594 EUR
-0.39 (-1.77%)
We assign a technical rating of 6 out of 10 to 3DAX. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, 3DAX is a bad performer.
When comparing the yearly performance of all stocks, 3DAX is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: 3DAX has an average volume of 816 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month 3DAX has a been trading in the 19.72 - 24.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
3DAX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
15.16
23.72
5 important support areas can be observed.
- A support zone ranging from 19.71 to 19.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.82 from a trend line in the weekly time frame.
- Support @16.93 from a trend line in the daily time frame.
- Support @16.01 from a trend line in the weekly time frame.
- Support @15.31 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.32 to 23.49. 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 | NEUTRAL | NEUTRAL | The short term trend for 3DAX.DE is neutral. |
| 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 | MIXED | The current price of 3DAX.DE is below 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) | 49.01 | NEUTRAL | The RSI value for 3DAX.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests 3DAX.DE has a negative trend. |
| Stochastics (14,3) | 18.96 | OVERSOLD | The low Stochastics value suggests 3DAX.DE may be oversold. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for 3DAX.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.78 | NEGATIVE | The low ADX value for 3DAX.DE 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.15 | 21.39 | 0.76 (3.44%) | 25.00% |
| An entry @22.15. This is a Buy Stop order right above the 10 day moving average. | An exit @21.39. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.76 points, which is 3.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- The distance between exit and entry is rather small compared to the average daily movement of 3DAX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:3DAX (8/12/2025, 7:00:00 PM)
21.594
-0.39 (-1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.77%
1 Week-3.46%
2 Weeks-7.07%
1 Month5.93%
3 Month17.35%
6 Month48.25%
12 MonthN/A
2 Year147.33%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%3.65%
ATR Inc-53.14%
Range Today0.44
ADR(20)0.62
ADR(20)%2.86%
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 High23.19
10 Day Low21.4
20 Day High24.5
20 Day Low19.72
52 Week HighN/A
52 Week LowN/A
CS1 End19.71
CR1 Start23.32
Volume & EV
DER(3)0%
DER(5)0%
Volume1.03K
Volume Incr842.68%
Vol(5)2.70K
Vol(50)816.7