WT EURO STOXX50 3X DLY LVRGD (3EUL.MI) Stock Technical Analysis
BIT:3EUL - Euronext Milan - IE00B7SD4R47 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to 3EUL. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: 3EUL has an average volume of 7927 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
3EUL 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 3EUL is lagging the market slightly.
In the last month 3EUL has a been trading in the 0.30 - 519.92 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that 3EUL is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
3EUL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 505.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 455.04, a Stop Loss order could be placed below this zone.
More info and screens
338.62
531.27
When analyzing the support we can see 4 important areas.
- A support zone ranging from 448.50 to 455.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @364.66 from a trend line in the weekly time frame.
- Support @350.69 from a trend line in the weekly time frame.
- Support @342.04 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 505.96 to 507.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 518.31 to 526.01. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for 3EUL.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3EUL.MI is up. |
| ChartMill Relative Strength | 84.71 | POSITIVE | 3EUL.MI has a high relative strength, it outperformed 84.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3EUL.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 3EUL.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 3EUL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.26 | NEUTRAL | The RSI value for 3EUL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests 3EUL.MI has a negative trend. |
| Stochastics (14,3) | 97.53 | OVERBOUGHT | The high Stochastics value suggests 3EUL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 17.83 | HIGH VOLATILITY | The high ATR as a percentage value for 3EUL.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 60.71 | POSITIVE | The high ADX value value for 3EUL.MI suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 507.34 | 448.49 | 58.85 (11.60%) | 8.62% |
| An entry @507.34. This is a Buy Stop order right above the resistance zone. | An exit @448.49. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 58.85 points, which is 11.60%. | For a 1.00% total portfolio risk, you can invest 8.62% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of 3EUL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:3EUL (7/16/2025, 4:54:51 PM)
474.9
-13.96 (-2.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.86%
1 Week-0.11%
2 Weeks4.36%
1 Month-8.37%
3 Month39.13%
6 Month16.02%
12 Month15.39%
2 Year44.67%
3 Year141.51%
5 Year474800%
10 YearN/A
15 YearN/A
Volatility
ATR(14)79.34
ATR(20)%17.83%
ATR Inc-82.67%
Range Today0
ADR(20)79.17
ADR(20)%16.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.71
Mansfield0.23
10 Day High497.93
10 Day Low0.3
20 Day High519.92
20 Day Low0.3
52 Week High557.3
52 Week Low0.3
CS1 End455.04
CR1 Start505.96
Volume & EV
DER(3)0%
DER(5)0%
Volume52
Volume Incr-96.51%
Vol(5)582.4
Vol(50)7.93K