WT NATURAL GAS 3X DLY LVRGD (3NGL.MI) Stock Technical Analysis
BIT:3NGL - Euronext Milan - XS2819843900 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to 3NGL. 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 near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
When comparing the yearly performance of all stocks, we notice that 3NGL is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, 3NGL also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month 3NGL has a been trading in the 6.96 - 14.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of 3NGL 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
8.60
15.58
We found 1 important support area.
- Support @8.69 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 9.96 to 9.97. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @10.16 from a horizontal line in the daily time frame.
- Resistance @12.06 from a trend line in the daily time frame.
- Resistance @15.43 from a trend line 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 | 99.84 | POSITIVE | 3NGL.MI has a high relative strength, it outperformed 99.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 3NGL.MI is above 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) | 47.55 | NEUTRAL | The RSI value for 3NGL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests 3NGL.MI has a positive trend. |
| Stochastics (14,3) | 74.91 | NEUTRAL | The Stochastics value for 3NGL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 11.85 | HIGH VOLATILITY | The high ATR as a percentage value for 3NGL.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.2 | 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 (7/18/2025, 7:00:00 PM)
9.95
+0 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.05%
1 Week13.34%
2 Weeks14.46%
1 Month-33.6%
3 Month-31.3%
6 Month-58.97%
12 Month22011.1%
2 Year835.85%
3 Year-96.17%
5 Year382592%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%11.85%
ATR Inc-49.75%
Range Today0.54
ADR(20)0.99
ADR(20)%9.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.84
Mansfield-4.59
10 Day High10.53
10 Day Low6.96
20 Day High14.69
20 Day Low6.96
52 Week High44.76
52 Week Low6.96
CS1 End8.69
CR1 Start9.96
Volume & EV
DER(3)-0.21%
DER(5)0%
Volume118.38K
Volume Incr-20.46%
Vol(5)406.83K
Vol(50)391.30K