WT GOLD 3X DAILY LEVERAGED (3GOL.MI) Stock Technical Analysis
BIT:3GOL - Euronext Milan - IE00B8HGT870 - ETF - Currency: EUR
Overall 3GOL gets a technical rating of 9 out of 10. Both in the recent history as in the last year, 3GOL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: 3GOL has an average volume of 18942 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that 3GOL is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by 3GOL over the past year are nicely spread over this period.
3GOL 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 3GOL is lagging the market slightly.
In the last month 3GOL has a been trading in the 86.29 - 98.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, 3GOL also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 91.19, a Stop Loss order could be placed below this zone.
More info and screens
76.28
104.55
When analyzing the support we can see 3 important areas.
- A support zone ranging from 90.67 to 91.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 84.96 to 85.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @77.05 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @96.23 from a trend line in the daily time frame.
- Resistance @97.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 100.63 to 100.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @103.51 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 | UP | POSITIVE | The long term trend for 3GOL.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 3GOL.MI is neutral. |
| ChartMill Relative Strength | 95.38 | POSITIVE | 3GOL.MI has a high relative strength, it outperformed 95.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3GOL.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 3GOL.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 3GOL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.24 | NEUTRAL | The RSI value for 3GOL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests 3GOL.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.57 | OVERSOLD | The low Stochastics value suggests 3GOL.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for 3GOL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.07 | NEGATIVE | The low ADX value for 3GOL.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)
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 |
|---|---|---|---|
| 96.24 | 90.66 | 5.58 (5.80%) | 17.25% |
| An entry @96.24. This is a Buy Stop order right above the resistance zone. | An exit @90.66. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.58 points, which is 5.80%. | For a 1.00% total portfolio risk, you can invest 17.25% of your capital in this trade. |
- 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:3GOL (8/4/2025, 9:32:41 AM)
91.97
+0.3 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.33%
1 Week2.73%
2 Weeks0.45%
1 Month1.09%
3 Month1.78%
6 Month29.46%
12 Month104.87%
2 Year203.19%
3 Year231.24%
5 Year100.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.36
ATR(20)%3.38%
ATR Inc4.27%
Range Today0.01
ADR(20)2.61
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.38
Mansfield1.67
10 Day High98.86
10 Day Low87.4
20 Day High98.86
20 Day Low86.29
52 Week High111
52 Week Low43.69
CS1 End91.19
CR1 Start96.23
Volume & EV
DER(3)-1.02%
DER(5)-0.61%
Volume100
Volume Incr-51.56%
Vol(5)9.87K
Vol(50)18.94K