LEVERAGE SHARES 3X NVIDIA (3NVD.MI) Stock Technical Analysis
BIT:3NVD - Euronext Milan - XS2820604770 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to 3NVD. In the past year, 3NVD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
98% of all other stocks performed better in the past year than 3NVD.
3NVD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so 3NVD is lagging the market.
In the last month 3NVD has a been trading in the 13.93 - 30.51 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of 3NVD 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
23.08
29.39
2 important support areas can be observed.
- Support @26.85 from a trend line in the daily time frame.
- A support zone ranging from 23.31 to 23.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @29.10 from a horizontal 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 3NVD.MI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3NVD.MI is up. |
| ChartMill Relative Strength | 2.19 | NEGATIVE | 3NVD.MI has a low relative strength, it was outperformed by 97.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3NVD.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 3NVD.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3NVD.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.08 | NEUTRAL | The RSI value for 3NVD.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests 3NVD.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.85 | OVERBOUGHT | The high Stochastics value suggests 3NVD.MI may be overbought. |
| Average True Range in percent/ATR (20) | 7.09 | HIGH VOLATILITY | The high ATR as a percentage value for 3NVD.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.48 | NEGATIVE | The low ADX value for 3NVD.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:3NVD (5/30/2025, 2:22:46 PM)
27.21
-1.89 (-6.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.49%
1 Week16.73%
2 Weeks4.57%
1 Month95.05%
3 Month-5.73%
6 Month-63.7%
12 Month-96.96%
2 Year-78.35%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.15
ATR(20)%7.09%
ATR Inc67.25%
Range Today0
ADR(20)1.12
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.19
Mansfield-7.73
10 Day High30.51
10 Day Low22
20 Day High30.51
20 Day Low13.93
52 Week High956.01
52 Week Low7.42
CS1 End26.85
CR1 Start29.1
Volume & EV
DER(3)0.26%
DER(5)0.16%
Volume200
Volume Incr14.33%
Vol(5)42.99K
Vol(50)42.31K