WT NATURAL GAS 3X DLY LVRGD (3NGL.MI) Stock Technical Analysis
BIT:3NGL - Euronext Milan - XS2819843900 - ETF - Currency: EUR
Taking everything into account, 3NGL scores 2 out of 10 in our technical rating. Although 3NGL is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
3NGL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 3NGL is lagging the market.
In the last month 3NGL has a been trading in the 10.55 - 19.40 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.
Looking at the yearly performance, 3NGL did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
3NGL has a poor technical rating and the quality of the setup is also not perfect 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
10.10
10.78
When analyzing the support we notice one important area.
- A support zone ranging from 10.20 to 10.29. This zone is formed by a combination of multiple trend lines 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 3NGL.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3NGL.MI is down. |
| ChartMill Relative Strength | 99.79 | POSITIVE | 3NGL.MI has a high relative strength, it outperformed 99.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3NGL.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3NGL.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3NGL.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.48 | NEUTRAL | The RSI value for 3NGL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests 3NGL.MI has a negative trend. |
| Stochastics (14,3) | 4.49 | OVERSOLD | The low Stochastics value suggests 3NGL.MI may be oversold. |
| Average True Range in percent/ATR (20) | 15.82 | HIGH VOLATILITY | The high ATR as a percentage value for 3NGL.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.1 | NEGATIVE | The low ADX value for 3NGL.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:3NGL (5/30/2025, 7:00:00 PM)
10.67
-0.1 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.93%
1 Week-19.77%
2 Weeks-26.25%
1 Month-34.72%
3 Month-62.04%
6 Month-22.11%
12 Month11795.2%
2 Year1039.71%
3 Year-97.87%
5 Year296289%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.6
ATR(20)%15.82%
ATR Inc-24.24%
Range Today1.13
ADR(20)1.51
ADR(20)%14.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.79
Mansfield-3.26
10 Day High14.7
10 Day Low10.55
20 Day High19.4
20 Day Low10.55
52 Week High44.76
52 Week Low0.04
CS1 End10.29
CR1 StartN/A
Volume & EV
DER(3)2.52%
DER(5)1.52%
Volume344.50K
Volume Incr-1.99%
Vol(5)274.96K
Vol(50)211.10K