WT DAX 3X DAILY SHORT (3DES.DE) Stock Technical Analysis
FRA:3DES - Deutsche Boerse Ag - IE00B8GKPP93 - ETF - Currency: EUR
Taking everything into account, 3DES scores 0 out of 10 in our technical rating. 3DES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, 3DES is a bad performer in the overall market: 99% of all stocks are doing better.
3DES is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
3DES is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
3DES has an average volume of 1826930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
3DES has a poor technical rating and the quality of the setup is also not perfect 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
0.18
0.35
We can see 6 important resistance areas.
- A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.21 from a trend line in the weekly time frame.
- Resistance @0.23 from a trend line in the weekly time frame.
- Resistance @0.30 from a trend line in the daily time frame.
- Resistance @0.33 from a trend line in the daily time frame.
- Resistance @0.35 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 | 1.32 | NEGATIVE | 3DES.DE has a low relative strength, it was outperformed by 98.68% 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) | 42.3 | 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) | 39.42 | NEUTRAL | The Stochastics value for 3DES.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for 3DES.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 12.97 | NEGATIVE | The low ADX value for 3DES.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)
FRA:3DES (7/18/2025, 7:00:00 PM)
0.1792
+0 (+1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.07%
1 Week-0.44%
2 Weeks-6.18%
1 Month-14.91%
3 Month-34.79%
6 Month-42.84%
12 Month-62.41%
2 Year-70.55%
3 Year-85.58%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%3.3%
ATR Inc18.67%
Range Today0
ADR(20)0
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.32
Mansfield-4.83
10 Day High0.19
10 Day Low0.17
20 Day High0.21
20 Day Low0.17
52 Week High0.55
52 Week Low0.17
CS1 EndN/A
CR1 Start0.19
Volume & EV
DER(3)0%
DER(5)0%
Volume1.22M
Volume Incr-6.53%
Vol(5)1.37M
Vol(50)1.83M