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'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% of all other stocks performed better in the past year than 3DES.
3DES is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so 3DES is lagging the market.
In the last month 3DES has a been trading in the 0.18 - 0.22 range, which is quite wide. It is currently trading near the lows of this range.
3DES has an average volume of 2702470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, 3DES does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.19
0.35
We can see 6 important resistance areas.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.26 from a trend line in the weekly time frame.
- Resistance @0.27 from a trend line in the weekly time frame.
- Resistance @0.32 from a trend line in the daily time frame.
- Resistance @0.34 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 | 2.76 | NEGATIVE | 3DES.DE has a low relative strength, it was outperformed by 97.24% 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) | 37.14 | NEUTRAL | The RSI value for 3DES.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests 3DES.DE has a positive trend. |
| Stochastics (14,3) | 29.13 | NEUTRAL | The Stochastics value for 3DES.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for 3DES.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.62 | 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 (5/30/2025, 7:00:00 PM)
0.187
0 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.64%
1 Week-4.79%
2 Weeks-3.21%
1 Month-11.5%
3 Month-24.6%
6 Month-50.45%
12 Month-58.49%
2 Year-73.45%
3 Year-82.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%3.85%
ATR Inc-9.13%
Range Today0
ADR(20)0.01
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.76
Mansfield-4.92
10 Day High0.2
10 Day Low0.18
20 Day High0.22
20 Day Low0.18
52 Week High0.55
52 Week Low0.18
CS1 EndN/A
CR1 Start0.2
Volume & EV
DER(3)0%
DER(5)0%
Volume874.71K
Volume Incr84.47%
Vol(5)3.77M
Vol(50)2.70M