WT DAX 3X DAILY LEVERAGED (3DEL.MI) Stock Technical Analysis
BIT:3DEL - Euronext Milan - IE00B878KX55 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to 3DEL. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month 3DEL has a been trading in the 466.54 - 560.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: 3DEL has an average volume of 3464 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that 3DEL is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by 3DEL over the past year are nicely spread over this period.
3DEL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so 3DEL is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Considerably lower volume is observed in the last couple of days.
Although 3DEL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
295.40
471.21
6 important support areas can be observed.
- A support zone ranging from 461.80 to 466.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @358.74 from a trend line in the weekly time frame.
- Support @334.94 from a trend line in the weekly time frame.
- Support @323.87 from a trend line in the daily time frame.
- Support @313.02 from a trend line in the daily time frame.
- Support @298.38 from a horizontal 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 3DEL.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3DEL.MI is down. |
| ChartMill Relative Strength | 92.2 | POSITIVE | 3DEL.MI has a high relative strength, it outperformed 92.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3DEL.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 3DEL.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 3DEL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.45 | NEUTRAL | The RSI value for 3DEL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -9.89 | NEGATIVE | The MACD value suggests 3DEL.MI has a negative trend. |
| Stochastics (14,3) | 6.03 | OVERSOLD | The low Stochastics value suggests 3DEL.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for 3DEL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.62 | NEUTRAL | The ADX value for 3DEL.MI 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)
BIT:3DEL (6/19/2025, 7:00:00 PM)
466.54
-25.26 (-5.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.14%
1 Week-15.22%
2 Weeks-12.52%
1 Month-8.18%
3 Month-3.07%
6 Month29.31%
12 Month68.69%
2 Year110.27%
3 Year264.68%
5 Year214.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)20.33
ATR(20)%3.93%
ATR Inc-6.35%
Range Today11.26
ADR(20)11.45
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.2
Mansfield2.01
10 Day High560
10 Day Low466.54
20 Day High560
20 Day Low466.54
52 Week High560
52 Week Low221.11
CS1 End466.53
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume1.49K
Volume Incr-28.99%
Vol(5)2.06K
Vol(50)3.46K