WT EM 3X DAILY LVRGD (3EML.MI) Stock Technical Analysis
BIT:3EML - Euronext Milan - IE00BYTYHN28 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to 3EML. In the last year, 3EML was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: 3EML has an average volume of 4206 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month 3EML has a been trading in the 40.20 - 69.68 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, 3EML turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
3EML is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 3EML is lagging the market slightly.
Although 3EML has an excellent technical rating, it 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.
More info and screens
45.74
77.47
When analyzing the support we notice one important area.
- Support @46.20 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @69.39 from a trend line in the weekly time frame.
- A resistance zone ranging from 72.81 to 73.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 74.70 to 74.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @76.70 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 | NEUTRAL | NEUTRAL | The long term trend for 3EML.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3EML.MI is up. |
| ChartMill Relative Strength | 66.74 | NEUTRAL | 3EML.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3EML.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3EML.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 3EML.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.37 | NEUTRAL | The RSI value for 3EML.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.66 | POSITIVE | The MACD value suggests 3EML.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.19 | OVERBOUGHT | The high Stochastics value suggests 3EML.MI may be overbought. |
| Average True Range in percent/ATR (20) | 6.13 | HIGH VOLATILITY | The high ATR as a percentage value for 3EML.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.93 | NEGATIVE | The low ADX value for 3EML.MI 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)
BIT:3EML (5/29/2025, 7:00:00 PM)
67.16
-0.54 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.8%
1 Week4.35%
2 Weeks18.24%
1 Month3.85%
3 Month0.42%
6 Month-14.85%
12 Month14.98%
2 Year22.06%
3 Year-24.1%
5 Year2.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.84
ATR(20)%6.13%
ATR Inc-15.06%
Range Today1.9
ADR(20)2.09
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.74
Mansfield-0.31
10 Day High69.68
10 Day Low56.1
20 Day High69.68
20 Day Low40.21
52 Week High86.54
52 Week Low40.21
CS1 End46.2
CR1 Start69.39
Volume & EV
DER(3)0%
DER(5)0%
Volume3.36K
Volume Incr-26.94%
Vol(5)2.77K
Vol(50)4.21K