WT COPPER 3X DAILY SHORT (3HCS.MI) Stock Technical Analysis
BIT:3HCS - Euronext Milan - IE00B8KD3F05 - ETF - Currency: EUR
Taking everything into account, 3HCS scores 0 out of 10 in our technical rating. 3HCS 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.
When comparing the yearly performance of all stocks, 3HCS is a bad performer in the overall market: 98% of all stocks are doing better.
3HCS 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 3HCS is lagging the market.
In the last month 3HCS has a been trading in the 1.84 - 2.55 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, 3HCS does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
1.85
4.71
We found 1 important support area.
- Support @1.87 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 2.27 to 2.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.45 to 2.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.91 from a trend line in the daily time frame.
- Resistance @2.97 from a trend line in the weekly time frame.
- Resistance @4.66 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 | DOWN | NEGATIVE | The long term trend for 3HCS.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3HCS.MI is down. |
| ChartMill Relative Strength | 2.74 | NEGATIVE | 3HCS.MI has a low relative strength, it was outperformed by 97.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3HCS.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3HCS.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3HCS.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.76 | NEUTRAL | The RSI value for 3HCS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests 3HCS.MI has a negative trend. |
| Stochastics (14,3) | 28.37 | NEUTRAL | The Stochastics value for 3HCS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.77 | HIGH VOLATILITY | The high ATR as a percentage value for 3HCS.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.89 | NEGATIVE | The low ADX value for 3HCS.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:3HCS (6/3/2025, 7:00:00 PM)
2.002
+0.09 (+4.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.5%
1 Week-1.43%
2 Weeks-14.55%
1 Month-27.28%
3 Month-27.7%
6 Month-43.31%
12 Month-64.3%
2 Year-67.94%
3 Year-80.23%
5 Year-96.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%9.77%
ATR Inc93.99%
Range Today0.15
ADR(20)0.13
ADR(20)%6.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.74
Mansfield-4.68
10 Day High2.45
10 Day Low1.84
20 Day High2.55
20 Day Low1.84
52 Week High6.75
52 Week Low1.8
CS1 End1.87
CR1 Start2.27
Volume & EV
DER(3)0%
DER(5)0%
Volume296.10K
Volume Incr162.69%
Vol(5)346.18K
Vol(50)146.50K