GRANITESHARES 3X LONG MSFT (3LMS.MI) Stock Technical Analysis
BIT:3LMS - Euronext Milan - XS2662640627 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to 3LMS. In the past year, 3LMS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of 3LMS 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.
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30.27
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.59 to 30.59. 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 3LMS.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3LMS.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 3LMS.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 3LMS.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 62.86 | NEUTRAL | The RSI value for 3LMS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.94 | POSITIVE | The MACD value suggests 3LMS.MI has a positive trend. |
| Stochastics (14,3) | 97.64 | OVERBOUGHT | The high Stochastics value suggests 3LMS.MI may be overbought. |
| Average True Range in percent/ATR (20) | 7.97 | HIGH VOLATILITY | The high ATR as a percentage value for 3LMS.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.2 | NEGATIVE | The low ADX value for 3LMS.MI suggests a weak or negative trend. |
BIT:3LMS (7/8/2025, 7:00:00 PM)
30.575
+0.63 (+2.09%)