WT DAX 3X DAILY LEVERAGED (3DEL.MI) Stock Technical Analysis
BIT:3DEL - Euronext Milan - IE00B878KX55 - ETF - Currency: EUR
Taking everything into account, 3DEL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, 3DEL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: 3DEL has an average volume of 3608 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, 3DEL did better than 95% of all other stocks. We also observe that the gains produced by 3DEL over the past year are nicely spread over this period.
3DEL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so 3DEL is leading the market.
3DEL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Although 3DEL 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
295.40
544.79
When analyzing the support we can see 6 important areas.
- A support zone ranging from 524.40 to 526.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 502.56 to 503.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @350.28 from a trend line in the weekly time frame.
- Support @340.00 from a trend line in the weekly time frame.
- Support @318.29 from a trend line in the daily time frame.
- Support @298.38 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @539.40 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 | UP | POSITIVE | The short term trend for 3DEL.MI is up. |
| ChartMill Relative Strength | 95.31 | POSITIVE | 3DEL.MI has a high relative strength, it outperformed 95.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3DEL.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3DEL.MI is above the rising 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) | 61.37 | NEUTRAL | The RSI value for 3DEL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests 3DEL.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.1 | NEUTRAL | The Stochastics value for 3DEL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for 3DEL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.84 | POSITIVE | The high ADX value value for 3DEL.MI suggests a strong 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 (5/29/2025, 7:00:00 PM)
527.75
-5.54 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.04%
1 Week-2.16%
2 Weeks5.59%
1 Month23.57%
3 Month12.19%
6 Month68.28%
12 Month79.03%
2 Year141.02%
3 Year185.18%
5 Year312.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)18.13
ATR(20)%3.61%
ATR Inc15.84%
Range Today20.63
ADR(20)13.65
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.31
Mansfield4.17
10 Day High551.22
10 Day Low503.3
20 Day High551.22
20 Day Low426.54
52 Week High551.22
52 Week Low221.11
CS1 End526.72
CR1 Start539.4
Volume & EV
DER(3)0%
DER(5)0%
Volume3.44K
Volume Incr-36.01%
Vol(5)2.12K
Vol(50)3.61K