WT STOXX EU A&D 3X LEVERAGED (3EDF.MI) Stock Technical Analysis
BIT:3EDF - XS2872232850 - ETF
Overall 3EDF gets a technical rating of 4 out of 10. 3EDF has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
3EDF has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 36.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.84, a Stop Loss order could be placed below this zone.
More info and screens
32.11
We found 1 important support area.
- A support zone ranging from 32.43 to 32.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 36.28 to 36.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3EDF.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 3EDF.MI 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.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 60.49 | NEUTRAL | The RSI value for 3EDF.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests 3EDF.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.42 | NEUTRAL | The Stochastics value for 3EDF.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for 3EDF.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.92 | NEGATIVE | The low ADX value for 3EDF.MI suggests a weak or negative trend. |
BIT:3EDF (9/1/2025, 7:00:00 PM)
36.18
+1.8 (+5.24%)