Logo image of 3LCO.MI

GRANITESHARES 3X LONG COIN (3LCO.MI) Stock Technical Analysis

BIT:3LCO - Euronext Milan - XS2575914176 - ETF - Currency: EUR

2.497  -0.12 (-4.62%)

Technical Rating and Analysis

0

Taking everything into account, 3LCO scores 0 out of 10 in our technical rating. 3LCO'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.
When comparing the yearly performance of all stocks, 3LCO is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month 3LCO has a been trading in the 0.55 - 4.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
GRANITESHARES 3X LONG COIN / 3LCO Weekly stock chart
GRANITESHARES 3X LONG COIN / 3LCO Daily stock chart
Setup Rating and Analysis

3

The technical rating of 3LCO 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.

Support and Resistance Analysis

2.47

3.27

We can see 2 important resistance areas.

  • A resistance zone ranging from 2.51 to 2.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @3.24 from a trend line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for 3LCO.MI is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for 3LCO.MI is down.
ChartMill Relative Strength0NEGATIVE3LCO.MI has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of 3LCO.MI is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of 3LCO.MI is below a declining SMA(50).
Relative Strength Index/RSI (14)40.83NEUTRALThe RSI value for 3LCO.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.48POSITIVEThe MACD value suggests 3LCO.MI has a positive trend, although the MACD value is declining.
Stochastics (14,3)75.65NEUTRALThe Stochastics value for 3LCO.MI is a neutral value.
Average True Range in percent/ATR (20)25.05HIGH VOLATILITYThe high ATR as a percentage value for 3LCO.MI suggests high volalility.
Average Directional Index/ADX (14)11.92NEGATIVEThe low ADX value for 3LCO.MI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
GRANITESHARES 3X LONG COIN / 3LCO Daily stock chart

GRANITESHARES 3X LONG COIN

BIT:3LCO (6/2/2025, 7:00:00 PM)

2.497

-0.12 (-4.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.62%
1 Week-23.4%
2 Weeks176.06%
1 Month-9.18%
3 Month-78.32%
6 Month-63.91%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%25.05%
ATR Inc-26.01%
Range Today0.13
ADR(20)0.34
ADR(20)%13.59%
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 High3.46
10 Day Low0.99
20 Day High4.05
20 Day Low0.55
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start2.51
Volume & EV
DER(3)0%
DER(5)0%
Volume52.84K
Volume Incr-50.02%
Vol(5)34.46K
Vol(50)41.53K