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LS 3X GOLD MINERS (3GDX.AS) Stock Technical Analysis

AMS:3GDX - Euronext Amsterdam - XS2399369896 - ETF - Currency: EUR

4.3963  +0.77 (+21.2%)

Technical Rating and Analysis

10

Overall 3GDX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, 3GDX has proven to be a steady performer, scoring decent points in every aspect analyzed.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: 3GDX has an average volume of 3528 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.
Looking at the yearly performance, 3GDX did better than 99% of all other stocks. We also observe that the gains produced by 3GDX over the past year are nicely spread over this period.
3GDX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so 3GDX is performing more or less in line with the market.
In the last month 3GDX has a been trading in the 2.72 - 4.65 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
LS 3X GOLD MINERS / 3GDX Weekly stock chart
LS 3X GOLD MINERS / 3GDX Daily stock chart
Setup Rating and Analysis

1

Although 3GDX has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

2.93

4.44

We found 2 important support areas.

  • A support zone ranging from 3.05 to 3.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 2.96 to 2.97. This zone is formed by a combination of multiple trend lines in multiple time frames.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for 3GDX.AS is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for 3GDX.AS is up.
ChartMill Relative Strength99.58POSITIVE3GDX.AS has a high relative strength, it outperformed 99.58% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of 3GDX.AS is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of 3GDX.AS is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of 3GDX.AS is above the rising SMA(200).
Relative Strength Index/RSI (14)63.69NEUTRALThe RSI value for 3GDX.AS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests 3GDX.AS has a positive trend.
Stochastics (14,3)52.68NEUTRALThe Stochastics value for 3GDX.AS is a neutral value.
Average True Range in percent/ATR (20)6.51HIGH VOLATILITYThe high ATR as a percentage value for 3GDX.AS suggests high volalility.
Average Directional Index/ADX (14)16.33NEGATIVEThe low ADX value for 3GDX.AS suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
LS 3X GOLD MINERS / 3GDX Daily stock chart

LS 3X GOLD MINERS

AMS:3GDX (6/2/2025, 7:00:00 PM)

4.3963

+0.77 (+21.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg21.2%
1 Week54.1%
2 Weeks20.88%
1 Month62.4%
3 Month45.9%
6 Month33.74%
12 Month322.8%
2 Year124.47%
3 Year32.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%6.51%
ATR Inc54.75%
Range Today0.44
ADR(20)0.1
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.58
Mansfield5.9
10 Day High4.45
10 Day Low3
20 Day High4.65
20 Day Low2.72
52 Week High4.65
52 Week Low1.01
CS1 End3.09
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-83.55%
Vol(5)146
Vol(50)3.53K