Logo image of 3DES.MI

WT DAX 3X DAILY SHORT (3DES.MI) Stock Technical Analysis

BIT:3DES - Euronext Milan - IE00B8GKPP93 - ETF - Currency: EUR

0.2066  +0 (+1.22%)

Technical Rating and Analysis

0

Overall 3DES gets a technical rating of 0 out of 10. 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: 96% 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. 3DES is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month 3DES has a been trading in the 0.20 - 0.38 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.
3DES has an average volume of 4587380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
WT DAX 3X DAILY SHORT / 3DES Weekly stock chart
WT DAX 3X DAILY SHORT / 3DES Daily stock chart
Setup Rating and Analysis

4

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.

Support and Resistance Analysis

0.20

0.34

3 important resistance areas can be observed.

  • Resistance @0.27 from a trend line in the weekly time frame.
  • Resistance @0.33 from a trend line in the daily time frame.
  • Resistance @0.34 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.35
Mansfield-4.51
10 Day High0.28
10 Day Low0.2
20 Day High0.38
20 Day Low0.2
52 Week High0.57
52 Week Low0.2
Performance
1 Week-14.73%
2 Weeks-27.53%
1 Month-13.16%
3 Month-25.68%
6 Month-47.36%
12 Month-58.96%
2 Year-70.78%
3 Year-82.57%
5 Year-94.54%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)41.2
LBB0.17
UBB0.33
WT DAX 3X DAILY SHORT / 3DES Daily stock chart

WT DAX 3X DAILY SHORT

BIT:3DES (5/6/2025, 7:00:00 PM)

0.2066

+0 (+1.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.22%
1 Week-14.73%
2 Weeks-27.53%
1 Month-13.16%
3 Month-25.68%
6 Month-47.36%
12 Month-58.96%
2 Year-70.78%
3 Year-82.57%
5 Year-94.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%17.04%
ATR Inc-76.51%
Range Today0.01
ADR(20)0.02
ADR(20)%7.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.35
Mansfield-4.51
10 Day High0.28
10 Day Low0.2
20 Day High0.38
20 Day Low0.2
52 Week High0.57
52 Week Low0.2
CS1 EndN/A
CR1 Start0.27
Volume & EV
DER(3)-0.07%
DER(5)-0.04%
Volume7.76M
Volume Incr-34.37%
Vol(5)3.73M
Vol(50)4.59M