WT NATURAL GAS 3X DLY SHORT (3NGS.MI) Stock Technical Analysis
BIT:3NGS - XS2819843223 - ETF
19.95 EUR
-1.78 (-8.21%)
We assign a technical rating of 4 out of 10 to 3NGS. Recently some decent action could be observed, but in the medium term time frame this is still negative. 3NGS was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, 3NGS is a bad performer in the overall market: 86% of all stocks are doing better.
3NGS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month 3NGS has a been trading in the 19.95 - 28.00 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.
Considerably lower volume is observed in the last couple of days.
3NGS has an average technical rating and it also does not offer a high 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
9.22
26.13
2 important support areas can be observed.
- A support zone ranging from 19.66 to 19.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.31 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 23.31 to 23.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @25.87 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 3NGS.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 3NGS.MI is neutral. |
| ChartMill Relative Strength | 14.3 | NEGATIVE | 3NGS.MI has a low relative strength, it was outperformed by 85.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 3NGS.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3NGS.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3NGS.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.76 | NEUTRAL | The RSI value for 3NGS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests 3NGS.MI has a negative trend. |
| Stochastics (14,3) | 9.57 | OVERSOLD | The low Stochastics value suggests 3NGS.MI may be oversold. |
| Average True Range in percent/ATR (20) | 8.71 | HIGH VOLATILITY | The high ATR as a percentage value for 3NGS.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.9 | NEUTRAL | The ADX value for 3NGS.MI suggests a possible start of a new 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:3NGS (9/8/2025, 3:11:57 PM)
19.95
-1.78 (-8.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-8.21%
1 Week-14.12%
2 Weeks-24.19%
1 Month1.27%
3 Month49.66%
6 Month65.15%
12 Month-77.78%
2 Year-96.04%
3 Year226605%
5 Year188.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.75
ATR(20)%8.71%
ATR Inc-6.35%
Range Today1.61
ADR(20)1.66
ADR(20)%8.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.3
Mansfield-5.21
10 Day High28
10 Day Low19.95
20 Day High28
20 Day Low19.95
52 Week High122.8
52 Week Low8.55
CS1 End19.94
CR1 Start23.31
Volume & EV
DER(3)14.52%
DER(5)8.32%
Volume914
Volume Incr-38.06%
Vol(5)102.02K
Vol(50)222.41K