GRANITESHARES 3X LONG MSTR (3LMI.MI) Stock Technical Analysis
BIT:3LMI - Euronext Milan - XS2617255760 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to 3LMI. 3LMI'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, 3LMI is a bad performer in the overall market: 100% of all stocks are doing better.
3LMI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so 3LMI is lagging the market.
In the last month 3LMI has a been trading in the 26.17 - 49.99 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: 3LMI has an average volume of 27558 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
The technical rating of 3LMI 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
26.19
43.51
We found 1 important support area.
- Support @26.45 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @43.08 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for 3LMI.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3LMI.MI is down. |
| ChartMill Relative Strength | 0.63 | NEGATIVE | 3LMI.MI has a low relative strength, it was outperformed by 99.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3LMI.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3LMI.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 42.88 | NEUTRAL | The RSI value for 3LMI.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.27 | NEGATIVE | The MACD value suggests 3LMI.MI has a negative trend. |
| Stochastics (14,3) | 5.23 | OVERSOLD | The low Stochastics value suggests 3LMI.MI may be oversold. |
| Average True Range in percent/ATR (20) | 19.54 | HIGH VOLATILITY | The high ATR as a percentage value for 3LMI.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.18 | NEGATIVE | The low ADX value for 3LMI.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:3LMI (5/29/2025, 7:00:00 PM)
28.18
+1.73 (+6.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.52%
1 Week-30.4%
2 Weeks-35.89%
1 Month-8.71%
3 Month-54.14%
6 Month-75.11%
12 Month-96.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.77
ATR(20)%19.54%
ATR Inc-43.53%
Range Today2
ADR(20)4.7
ADR(20)%16.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.63
Mansfield-7.62
10 Day High44.3
10 Day Low26.17
20 Day High50
20 Day Low26.17
52 Week High861.49
52 Week Low10.8
CS1 End26.45
CR1 Start43.08
Volume & EV
DER(3)0%
DER(5)0%
Volume3.44K
Volume Incr-9.41%
Vol(5)12.81K
Vol(50)27.56K