GRANITESHARES 3X LONG NVIDIA (3LNV.MI) Stock Technical Analysis
BIT:3LNV - Euronext Milan - XS2734938835 - ETF - Currency: EUR
We assign a technical rating of 8 out of 10 to 3LNV. In the last year, 3LNV was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
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.
The long and short term trends are both positive. This is looking good!
In the last month 3LNV has a been trading in the 16.80 - 30.43 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, 3LNV did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
3LNV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 3LNV is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although 3LNV has an excellent technical rating, it does not present a decent entry opportunity 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
29.21
30.28
We found 1 important resistance area.
- A resistance zone ranging from 29.51 to 29.98. 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 | UP | POSITIVE | The long term trend for 3LNV.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3LNV.MI is up. |
| ChartMill Relative Strength | 98.33 | POSITIVE | 3LNV.MI has a high relative strength, it outperformed 98.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3LNV.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3LNV.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of 3LNV.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.66 | OVERBOUGHT | The high RSI value suggests 3LNV.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests 3LNV.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.12 | OVERBOUGHT | The high Stochastics value suggests 3LNV.MI may be overbought. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for 3LNV.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 36.09 | POSITIVE | The high ADX value value for 3LNV.MI suggests a strong 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:3LNV (7/18/2025, 7:00:00 PM)
29.5
-0.48 (-1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.6%
1 Week18.57%
2 Weeks30.82%
1 Month68.61%
3 Month257.79%
6 Month-15.71%
12 Month-34.56%
2 Year-17.38%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.1
ATR(20)%6.08%
ATR Inc-3.67%
Range Today1.61
ADR(20)1.25
ADR(20)%4.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.33
Mansfield0.59
10 Day High30.43
10 Day Low19.9
20 Day High30.43
20 Day Low16.8
52 Week High56
52 Week Low4.65
CS1 EndN/A
CR1 Start29.51
Volume & EV
DER(3)0%
DER(5)0%
Volume13.58K
Volume Incr-10.78%
Vol(5)15.83K
Vol(50)34.06K