WT EM 3X DAILY SHORT (3EMS.MI) Stock Technical Analysis
BIT:3EMS - Euronext Milan - IE00BYTYHM11 - ETF - Currency: EUR
Taking everything into account, 3EMS scores 0 out of 10 in our technical rating. 3EMS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
97% of all other stocks performed better in the past year than 3EMS.
3EMS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so 3EMS is lagging the market.
In the last month 3EMS has a been trading in the 2.64 - 5.40 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: 3EMS has an average volume of 5971 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
The technical rating of 3EMS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.76
6.72
We can see 4 important resistance areas.
- Resistance @3.90 from a trend line in the weekly time frame.
- Resistance @4.51 from a trend line in the daily time frame.
- Resistance @4.94 from a trend line in the daily time frame.
- Resistance @6.65 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 | DOWN | NEGATIVE | The long term trend for 3EMS.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3EMS.MI is down. |
| ChartMill Relative Strength | 3.27 | NEGATIVE | 3EMS.MI has a low relative strength, it was outperformed by 96.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3EMS.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3EMS.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3EMS.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.27 | NEUTRAL | The RSI value for 3EMS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests 3EMS.MI has a negative trend. |
| Stochastics (14,3) | 1.85 | OVERSOLD | The low Stochastics value suggests 3EMS.MI may be oversold. |
| Average True Range in percent/ATR (20) | 18.67 | HIGH VOLATILITY | The high ATR as a percentage value for 3EMS.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.27 | NEGATIVE | The low ADX value for 3EMS.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:3EMS (6/19/2025, 7:00:00 PM)
2.787
+0.18 (+6.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.84%
1 Week-46.52%
2 Weeks-35.22%
1 Month-30.15%
3 Month-60.22%
6 Month-72.99%
12 Month-19.31%
2 Year-52.2%
3 Year-52.02%
5 Year-89.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%18.67%
ATR Inc-55.94%
Range Today0.05
ADR(20)0.12
ADR(20)%4.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.27
Mansfield-6.16
10 Day High5.4
10 Day Low2.64
20 Day High5.4
20 Day Low2.64
52 Week High10.59
52 Week Low2.64
CS1 EndN/A
CR1 Start3.9
Volume & EV
DER(3)0%
DER(5)0%
Volume1.73K
Volume Incr-67.89%
Vol(5)3.75K
Vol(50)5.97K