WT GOLD 3X DAILY SHORT (3GOS.MI) Stock Technical Analysis
BIT:3GOS - IE00B6X4BP29 - ETF
3.1545 EUR
+0.08 (+2.44%)
We assign a technical rating of 0 out of 10 to 3GOS. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month 3GOS has a been trading in the 3.08 - 4.00 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.
The technical rating of 3GOS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.12
4.61
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.56 to 3.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.72 from a trend line in the daily time frame.
- Resistance @4.56 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 | 2.36 | NEGATIVE | 3GOS.MI has a low relative strength, it was outperformed by 97.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3GOS.MI is below a declining 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) | 35.56 | NEUTRAL | The RSI value for 3GOS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests 3GOS.MI has a negative trend. |
| Stochastics (14,3) | 3.44 | OVERSOLD | The low Stochastics value suggests 3GOS.MI may be oversold. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for 3GOS.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 16.9 | NEGATIVE | The low ADX value for 3GOS.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:3GOS (9/4/2025, 7:00:00 PM)
3.1545
+0.08 (+2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.44%
1 Week-17.44%
2 Weeks-14.56%
1 Month-17.15%
3 Month-18.15%
6 Month-51.54%
12 Month-71.47%
2 Year-86.66%
3 Year-90.93%
5 Year-85.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%5.13%
ATR Inc-27.27%
Range Today0.06
ADR(20)0.1
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.36
Mansfield-5.75
10 Day High3.9
10 Day Low3.08
20 Day High4
20 Day Low3.08
52 Week High11.85
52 Week Low3.08
CS1 EndN/A
CR1 Start3.56
Volume & EV
DER(3)0%
DER(5)0%
Volume117.07K
Volume Incr95.86%
Vol(5)177.16K
Vol(50)156.12K