WT STOXX EU A&D 3X LEVERAGED (3EDF.MI) Stock Technical Analysis
BIT:3EDF - Euronext Milan - XS2872232850 - ETF - Currency: EUR
Taking everything into account, 3EDF scores 3 out of 10 in our technical rating. 3EDF performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of 3EDF is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
33.27
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. |
| Relative Strength Index/RSI (14) | 98.76 | OVERBOUGHT | The high RSI value suggests 3EDF.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.96 | POSITIVE | The MACD value suggests 3EDF.MI has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 40.47 | POSITIVE | The high ADX value value for 3EDF.MI suggests a strong trend. |
BIT:3EDF (5/30/2025, 7:00:00 PM)
33.605
+0.68 (+2.08%)