WT STOXX EU A&D 3X LEVERAGED (3EDF.DE) Stock Technical Analysis
FRA:3EDF - Deutsche Boerse Ag - XS2872232850 - ETF - Currency: EUR
Overall 3EDF gets a technical rating of 4 out of 10. In the last year, 3EDF was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
3EDF has an average technical rating and it also does not offer a high quality setup 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.
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32.09
When analyzing the support we notice one important area.
- A support zone ranging from 32.41 to 32.74. This zone is formed by a combination of multiple trend lines and important moving averages 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 3EDF.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3EDF.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 3EDF.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3EDF.DE is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 77.84 | OVERBOUGHT | The high RSI value suggests 3EDF.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests 3EDF.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 84.55 | OVERBOUGHT | The high Stochastics value suggests 3EDF.DE may be overbought. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for 3EDF.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 47.77 | POSITIVE | The high ADX value value for 3EDF.DE suggests a strong trend. |
FRA:3EDF (6/4/2025, 7:00:00 PM)
34.942
+1.53 (+4.57%)