WT WTI CRUDE 3X DAILY LVRGD (3OIL.MI) Stock Technical Analysis
Europe - BIT:3OIL - IE00BMTM6B32 - ETF
17.638 EUR
+0.73 (+4.32%)
We assign a technical rating of 1 out of 10 to 3OIL. 3OIL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, 3OIL is a bad performer in the overall market: 93% of all stocks are doing better.
3OIL 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 3OIL has a been trading in the 16.05 - 19.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
3OIL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 16.36, a Stop Loss order could be placed below this zone.
More info and screens
15.98
27.55
We found 1 important support area.
- A support zone ranging from 16.14 to 16.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 18.03 to 18.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.35 from a horizontal line in the daily time frame.
- Resistance @20.85 from a trend line in the weekly time frame.
- Resistance @23.44 from a trend line in the daily time frame.
- Resistance @26.06 from a trend line in the weekly time frame.
- Resistance @27.28 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 3OIL.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 3OIL.MI is neutral. |
| ChartMill Relative Strength | 7.65 | NEGATIVE | 3OIL.MI has a low relative strength, it was outperformed by 92.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 3OIL.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3OIL.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3OIL.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.23 | NEUTRAL | The RSI value for 3OIL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests 3OIL.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.45 | NEUTRAL | The Stochastics value for 3OIL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for 3OIL.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 11.89 | NEGATIVE | The low ADX value for 3OIL.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:3OIL (9/12/2025, 7:00:00 PM)
17.638
+0.73 (+4.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.32%
1 Week9.28%
2 Weeks-3.09%
1 Month1%
3 Month-23.4%
6 Month-21.75%
12 Month-25.02%
2 Year-67.87%
3 Year-96.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.09
ATR(20)%5.61%
ATR Inc42.81%
Range Today1.72
ADR(20)0.89
ADR(20)%5.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.65
Mansfield-3
10 Day High19.95
10 Day Low16.05
20 Day High19.95
20 Day Low16.05
52 Week High36.93
52 Week Low11.58
CS1 End16.36
CR1 Start18.03
Volume & EV
DER(3)0.57%
DER(5)0.45%
Volume515.09K
Volume Incr22.35%
Vol(5)312.09K
Vol(50)259.28K