WT DAX 3X DAILY SHORT (3DES.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:3DES - IE00B8GKPP93 - ETF
Taking everything into account, 3DES scores 0 out of 10 in our technical rating. 3DES's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
3DES has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.17, a Stop Loss order could be placed below this zone.
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0.17
When analyzing the support we notice one important area.
- A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.19 from a trend line in the weekly time frame.
- Resistance @0.20 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 | DOWN | NEGATIVE | The long term trend for 3DES.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3DES.DE is down. |
| ChartMill Relative Strength | 5.4 | NEGATIVE | 3DES.DE has a low relative strength, it was outperformed by 94.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3DES.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3DES.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3DES.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.01 | NEUTRAL | The RSI value for 3DES.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests 3DES.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.05 | NEUTRAL | The Stochastics value for 3DES.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for 3DES.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 12.57 | NEGATIVE | The low ADX value for 3DES.DE suggests a weak or negative trend. |
FRA:3DES (12/23/2025, 7:00:00 PM)
0.1741
0 (-0.74%)
WT DAX 3X DAILY SHORT / 3DES.DE FAQ
What is the ChartMill technical rating of WT DAX 3X DAILY SHORT (3DES.DE) stock?
ChartMill assigns a technical rating of 0 / 10 to 3DES.DE.
What is the trend direction for 3DES stock?
The current trend direction for WT DAX 3X DAILY SHORT (3DES.DE) is Bearish.
What is the RSI signal for 3DES stock?
WT DAX 3X DAILY SHORT (3DES.DE) has an RSI value of 40.0054. This indicates that the stock is currently neutral.
What is the buy/sell signal for WT DAX 3X DAILY SHORT (3DES.DE) stock?
The buy/sell signal for WT DAX 3X DAILY SHORT (3DES.DE) is sell as both the short term and long term trends are negative.
What is the support and resistance level for 3DES stock?
WT DAX 3X DAILY SHORT (3DES.DE) has a support level at 0.17 and a resistance level at 0.18. Check the full technical report for our detailed analysis of 3DES.DE support and resistance levels.