GRANITESHARES 3X LONG BABA (3LAA.MI) Stock Technical Analysis
Europe - BIT:3LAA - XS2842095320 - ETF
70.37 EUR
+8.15 (+13.1%)
We assign a technical rating of 6 out of 10 to 3LAA. In the last year, 3LAA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
100% of all other stocks performed better in the past year than 3LAA.
Warning: 3LAA has an average volume of 1899 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 3LAA has a been trading in the 37.00 - 70.91 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
3LAA has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
35.32
71.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 44.68 to 45.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @35.68 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for 3LAA.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3LAA.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 3LAA.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3LAA.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3LAA.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 68.44 | NEUTRAL | The RSI value for 3LAA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.76 | POSITIVE | The MACD value suggests 3LAA.MI has a positive trend. |
| Stochastics (14,3) | 91 | OVERBOUGHT | The high Stochastics value suggests 3LAA.MI may be overbought. |
| Average True Range in percent/ATR (20) | 8.22 | HIGH VOLATILITY | The high ATR as a percentage value for 3LAA.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for 3LAA.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:3LAA (9/11/2025, 7:00:00 PM)
70.37
+8.15 (+13.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg13.1%
1 Week45.62%
2 Weeks85.84%
1 Month72.77%
3 Month36.3%
6 Month148.83%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.47
ATR(20)%8.22%
ATR Inc-0.13%
Range Today6.01
ADR(20)3.4
ADR(20)%4.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High70.91
10 Day Low44.1
20 Day High70.91
20 Day Low37
52 Week HighN/A
52 Week LowN/A
CS1 End45.18
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume6.05K
Volume Incr38.72%
Vol(5)2.69K
Vol(50)1.90K