3X LONG JAPAN (3JPN.DE) Stock Technical Analysis
FRA:3JPN - Deutsche Boerse Ag - XS2472196844 - ETF - Currency: EUR
We assign a technical rating of 8 out of 10 to 3JPN. 3JPN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: 3JPN has an average volume of 844 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month 3JPN has a been trading in the 9.33 - 11.13 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that 3JPN is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this relatively good performance is mostly due to a recent big move.
3JPN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 3JPN is lagging the market.
Considerably lower volume is observed in the last couple of days.
3JPN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 10.78. Right above this resistance zone may be a good entry point.
More info and screens
9.35
11.00
When analyzing the support we can see 3 important areas.
- Support @10.71 from a horizontal line in the daily time frame.
- A support zone ranging from 10.05 to 10.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.44 to 9.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.78 to 10.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for 3JPN.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3JPN.DE is up. |
| ChartMill Relative Strength | 86.95 | POSITIVE | 3JPN.DE has a high relative strength, it outperformed 86.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3JPN.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3JPN.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 3JPN.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.75 | NEUTRAL | The RSI value for 3JPN.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests 3JPN.DE has a positive trend. |
| Stochastics (14,3) | 62.09 | NEUTRAL | The Stochastics value for 3JPN.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for 3JPN.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.25 | NEGATIVE | The low ADX value for 3JPN.DE 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 |
|---|---|---|---|
| 10.90 | 10.70 | 0.20 (1.83%) | 25.00% |
| An entry @10.90. This is a Buy Stop order right above the resistance zone. | An exit @10.70. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.20 points, which is 1.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.46%. |
- The distance between exit and entry is rather small compared to the average daily movement of 3JPN. Please evaluate whether better entry and exit points can be found.
- 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.
FRA:3JPN (8/7/2025, 7:00:00 PM)
10.773
+0.21 (+2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.04%
1 Week-1.04%
2 Weeks8.18%
1 Month0.34%
3 Month57.4%
6 Month11.93%
12 Month-9.89%
2 Year22.52%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%4.08%
ATR Inc6.52%
Range Today0.15
ADR(20)0.19
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.95
Mansfield-0.9
10 Day High11.13
10 Day Low9.33
20 Day High11.13
20 Day Low9.33
52 Week High13.58
52 Week Low6.05
CS1 End10.71
CR1 Start10.78
Volume & EV
DER(3)0%
DER(5)0%
Volume30
Volume Incr-86.6%
Vol(5)162.6
Vol(50)844.02