WT FTSE MIB 3X DAILY SHORT (3ITS.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:3ITS - XS2819844031 - ETF
Overall 3ITS gets a technical rating of 0 out of 10. 3ITS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 97% of all other stocks performed better in the past year than 3ITS.
- 3ITS 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 3ITS has a been trading in the 13.19 - 16.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of 3ITS 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
13.33
When analyzing the support we notice one important area.
- A support zone ranging from 13.46 to 13.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 14.55 to 14.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 14.88 to 15.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.25 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 3ITS.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3ITS.MI is down. |
| ChartMill Relative Strength | 3.34 | NEGATIVE | 3ITS.MI has a low relative strength, it was outperformed by 96.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3ITS.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3ITS.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3ITS.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.93 | NEUTRAL | The RSI value for 3ITS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests 3ITS.MI has a positive trend. |
| Stochastics (14,3) | 54.32 | NEUTRAL | The Stochastics value for 3ITS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for 3ITS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.43 | NEUTRAL | The ADX value for 3ITS.MI suggests a possible start of a new trend. |
BIT:3ITS (1/22/2026, 7:00:00 PM)
14.02
-0.6 (-4.13%)
WT FTSE MIB 3X DAILY SHORT / 3ITS.MI FAQ
What is the ChartMill technical rating of WT FTSE MIB 3X DAILY SHORT (3ITS.MI) stock?
ChartMill assigns a technical rating of 0 / 10 to 3ITS.MI.
What is the trend direction for 3ITS stock?
The current trend direction for WT FTSE MIB 3X DAILY SHORT (3ITS.MI) is Bearish.
Can you provide the RSI signal for WT FTSE MIB 3X DAILY SHORT?
WT FTSE MIB 3X DAILY SHORT (3ITS.MI) has an RSI value of 39.929. This indicates that the stock is currently neutral.
What is the buy/sell signal for 3ITS stock?
The buy/sell signal for WT FTSE MIB 3X DAILY SHORT (3ITS.MI) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for WT FTSE MIB 3X DAILY SHORT?
WT FTSE MIB 3X DAILY SHORT (3ITS.MI) has a support level at 13.6 and a resistance level at 14.55. Check the full technical report for our detailed analysis of 3ITS.MI support and resistance levels.