GRANITESHARES 3X LONG NIO (3LNI.MI) Stock Technical Analysis
BIT:3LNI - Euronext Milan - XS3075487044 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to 3LNI. In the past year, 3LNI 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.
When comparing the yearly performance of all stocks, 3LNI is a bad performer in the overall market: 100% of all stocks are doing better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month 3LNI has a been trading in the 0.05 - 12.88 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of 3LNI is bad and it also does not present a 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
12.57
12.83
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 3LNI.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 3LNI.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | 3LNI.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 3LNI.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3LNI.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 90.24 | OVERBOUGHT | The high RSI value suggests 3LNI.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.94 | POSITIVE | The MACD value suggests 3LNI.MI has a positive trend. |
| Stochastics (14,3) | 41.45 | NEUTRAL | The Stochastics value for 3LNI.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for 3LNI.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.89 | NEGATIVE | The low ADX value for 3LNI.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:3LNI (6/13/2025, 7:00:00 PM)
12.7
+12.63 (+19200.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg19200.91%
1 Week19589.9%
2 Weeks8984.41%
1 Month5549.47%
3 Month1906.95%
6 Month907043%
12 MonthN/A
2 Year488362%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%5.29%
ATR Inc20958.4%
Range Today0.4
ADR(20)0.04
ADR(20)%0.28%
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 High12.88
10 Day Low0.05
20 Day High12.88
20 Day Low0.05
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume611
Volume Incr-72.25%
Vol(5)110.94K
Vol(50)230.77K