GRANITESHARES 3X LONG AMAZON (3LZN.MI) Stock Technical Analysis
BIT:3LZN - Euronext Milan - XS2675292218 - ETF - Currency: EUR
Taking everything into account, 3LZN scores 3 out of 10 in our technical rating. 3LZN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, 3LZN is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month 3LZN has a been trading in the 28.00 - 119.00 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: 3LZN has an average volume of 10731 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Considerably lower volume is observed in the last couple of days.
The technical rating of 3LZN 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
43.17
47.50
We found 2 important support areas.
- Support @46.50 from a trend line in the daily time frame.
- A support zone ranging from 43.61 to 43.61. 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 3LZN.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 3LZN.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | 3LZN.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3LZN.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3LZN.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 48.21 | NEUTRAL | The RSI value for 3LZN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.51 | NEGATIVE | The MACD value suggests 3LZN.MI has a negative trend. |
| Stochastics (14,3) | 13.91 | OVERSOLD | The low Stochastics value suggests 3LZN.MI may be oversold. |
| Average True Range in percent/ATR (20) | 24.23 | HIGH VOLATILITY | The high ATR as a percentage value for 3LZN.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 30.05 | POSITIVE | The high ADX value value for 3LZN.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:3LZN (6/13/2025, 7:00:00 PM)
47.03
-2.85 (-5.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.71%
1 Week-28.99%
2 Weeks-13.63%
1 Month-28.09%
3 Month107.14%
6 MonthN/A
12 MonthN/A
2 Year11475.2%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)12.52
ATR(20)%24.23%
ATR Inc-72.28%
Range Today2.62
ADR(20)3.87
ADR(20)%8.22%
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 High119
10 Day Low42
20 Day High119
20 Day Low28
52 Week HighN/A
52 Week LowN/A
CS1 End46.5
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume103
Volume Incr32.64%
Vol(5)1.05K
Vol(50)10.73K