WT FTSE MIB 3X DLY LEVERAGED (3ITL.MI) Stock Technical Analysis
BIT:3ITL - Euronext Milan - IE00B8NB3063 - ETF - Currency: EUR
Overall 3ITL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, 3ITL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: 3ITL has an average volume of 12952 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, 3ITL did better than 96% of all other stocks. On top of that, 3ITL also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by 3ITL, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month 3ITL has a been trading in the 260.43 - 305.20 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.
Although 3ITL has an excellent technical rating, the quality of the presented setup is not ideal 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
161.25
302.62
When analyzing the support we can see 6 important areas.
- A support zone ranging from 270.90 to 278.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 264.83 to 265.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @258.22 from a horizontal line in the daily time frame.
- Support @173.88 from a trend line in the weekly time frame.
- Support @168.41 from a trend line in the weekly time frame.
- Support @162.88 from a horizontal 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 | UP | POSITIVE | The long term trend for 3ITL.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3ITL.MI is up. |
| ChartMill Relative Strength | 96.87 | POSITIVE | 3ITL.MI has a high relative strength, it outperformed 96.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3ITL.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3ITL.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 3ITL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.78 | NEUTRAL | The RSI value for 3ITL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.71 | POSITIVE | The MACD value suggests 3ITL.MI has a positive trend. |
| Stochastics (14,3) | 75.58 | NEUTRAL | The Stochastics value for 3ITL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for 3ITL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.93 | NEGATIVE | The low ADX value for 3ITL.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 |
|---|---|---|---|
| 305.21 | 260.67 | 44.54 (14.59%) | 6.85% |
| An entry @305.21. This is a Buy Stop order right above the 10 day high. | An exit @260.67. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 44.54 points, which is 14.59%. | For a 1.00% total portfolio risk, you can invest 6.85% 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:3ITL (8/8/2025, 7:00:00 PM)
299.62
+4.61 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.56%
1 Week12.69%
2 Weeks6.27%
1 Month10.64%
3 Month21.42%
6 Month36.83%
12 Month112.02%
2 Year173.13%
3 Year510.47%
5 Year550.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)11.28
ATR(20)%3.59%
ATR Inc-14.45%
Range Today8.78
ADR(20)9.1
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
CRS96.87
Mansfield2.98
10 Day High305.2
10 Day Low260.68
20 Day High305.2
20 Day Low260.43
52 Week High305.2
52 Week Low130.48
CS1 End278.71
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume12.82K
Volume Incr-7.91%
Vol(5)11.00K
Vol(50)12.95K