WT GOLD 3X DAILY SHORT (3GOS.MI) Stock Technical Analysis
BIT:3GOS - Euronext Milan - IE00B6X4BP29 - ETF - Currency: EUR
Taking everything into account, 3GOS scores 1 out of 10 in our technical rating. 3GOS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than 3GOS.
3GOS 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 3GOS is lagging the market.
In the last month 3GOS has a been trading in the 3.77 - 4.82 range, which is quite wide. It is currently trading near the lows of this range.
3GOS has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
3.69
6.37
When analyzing the support we can see 2 important areas.
- Support @4.06 from a trend line in the daily time frame.
- Support @3.73 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.47 to 4.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.92 from a trend line in the daily time frame.
- Resistance @6.31 from a trend 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 | DOWN | NEGATIVE | The long term trend for 3GOS.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3GOS.MI is down. |
| ChartMill Relative Strength | 1.77 | NEGATIVE | 3GOS.MI has a low relative strength, it was outperformed by 98.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 3GOS.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3GOS.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3GOS.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.88 | NEUTRAL | The RSI value for 3GOS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests 3GOS.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 22.96 | NEUTRAL | The Stochastics value for 3GOS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.28 | HIGH VOLATILITY | The high ATR as a percentage value for 3GOS.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.39 | NEUTRAL | The ADX value for 3GOS.MI suggests a possible start of a new 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:3GOS (5/27/2025, 7:00:00 PM)
4.0675
+0.21 (+5.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.54%
1 Week-6.45%
2 Weeks2.15%
1 Month8.86%
3 Month-43.79%
6 Month-48.17%
12 Month-65.07%
2 Year-78.14%
3 Year-82.48%
5 Year-88.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%6.28%
ATR Inc2.34%
Range Today0.08
ADR(20)0.18
ADR(20)%4.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.77
Mansfield-5.45
10 Day High4.82
10 Day Low3.84
20 Day High4.82
20 Day Low3.77
52 Week High13.14
52 Week Low3.54
CS1 End4.06
CR1 Start4.47
Volume & EV
DER(3)0%
DER(5)0%
Volume114.13K
Volume Incr-13.7%
Vol(5)210.83K
Vol(50)174.17K