WT EM 3X DAILY LVRGD (3EML.MI) Stock Technical Analysis
BIT:3EML - Euronext Milan - IE00BYTYHN28 - ETF - Currency: EUR
Taking everything into account, 3EML scores 9 out of 10 in our technical rating. In the last year, 3EML was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: 3EML has an average volume of 4050 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, 3EML did better than 89% of all other stocks.
3EML is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so 3EML is lagging the market slightly.
In the last month 3EML has a been trading in the 65.10 - 78.50 range, which is quite wide. It is currently trading near the high of this range.
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
78.59
When analyzing the support we can see 3 important areas.
- A support zone ranging from 73.48 to 74.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @66.78 from a horizontal line in the daily time frame.
- Support @46.20 from a horizontal line in the weekly 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 3EML.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3EML.MI is up. |
| ChartMill Relative Strength | 89.11 | POSITIVE | 3EML.MI has a high relative strength, it outperformed 89.11% off all stocks 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) | 66.03 | NEUTRAL | The RSI value for 3EML.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests 3EML.MI has a positive trend. |
| Stochastics (14,3) | 92.77 | OVERBOUGHT | The high Stochastics value suggests 3EML.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for 3EML.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.79 | 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 (7/15/2025, 7:00:00 PM)
77.81
+2.59 (+3.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.44%
1 Week4.22%
2 Weeks6.59%
1 Month20.9%
3 Month30.66%
6 Month16.17%
12 Month36.06%
2 Year9.62%
3 Year5.16%
5 Year-20.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.34
ATR(20)%3.05%
ATR Inc-23.04%
Range Today1
ADR(20)1.18
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.11
Mansfield0.45
10 Day High78.5
10 Day Low66.78
20 Day High78.5
20 Day Low65.1
52 Week High86.54
52 Week Low40.21
CS1 End74.33
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume5.26K
Volume Incr16.64%
Vol(5)3.95K
Vol(50)4.05K