WT WTI CRUDE 3X DAILY LVRGD (3OIL.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:3OIL - IE00BMTM6B32 - ETF
Taking everything into account, 3OIL scores 0 out of 10 in our technical rating. 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 technical rating of 3OIL 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.
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11.95
When analyzing the resistance we notice 3 important areas.
- Resistance @14.05 from a trend line in the daily time frame.
- A resistance zone ranging from 14.99 to 15.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.38 from a trend line in the weekly 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 | DOWN | NEGATIVE | The short term trend for 3OIL.MI is down. |
| ChartMill Relative Strength | 4.04 | NEGATIVE | 3OIL.MI has a low relative strength, it was outperformed by 95.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3OIL.MI is below a declining 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) | 34.71 | NEUTRAL | The RSI value for 3OIL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests 3OIL.MI has a negative trend. |
| Stochastics (14,3) | 8.16 | OVERSOLD | The low Stochastics value suggests 3OIL.MI may be oversold. |
| Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for 3OIL.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.56 | NEUTRAL | The ADX value for 3OIL.MI suggests a possible start of a new trend. |
BIT:3OIL (12/17/2025, 7:00:00 PM)
12.068
+0.35 (+2.99%)
WT WTI CRUDE 3X DAILY LVRGD / 3OIL.MI FAQ
Can you provide the ChartMill technical rating for WT WTI CRUDE 3X DAILY LVRGD?
ChartMill assigns a technical rating of 0 / 10 to 3OIL.MI.
What is the trend direction for 3OIL stock?
The current trend direction for WT WTI CRUDE 3X DAILY LVRGD (3OIL.MI) is Bearish.
Can you provide the RSI signal for WT WTI CRUDE 3X DAILY LVRGD?
WT WTI CRUDE 3X DAILY LVRGD (3OIL.MI) has an RSI value of 34.709. This indicates that the stock is currently neutral.
What is the buy/sell signal for WT WTI CRUDE 3X DAILY LVRGD (3OIL.MI) stock?
The buy/sell signal for WT WTI CRUDE 3X DAILY LVRGD (3OIL.MI) is sell as both the short term and long term trends are negative.
What is the support and resistance level for 3OIL stock?
WT WTI CRUDE 3X DAILY LVRGD (3OIL.MI) has a resistance level at 14.05. Check the full technical report for our detailed analysis of 3OIL.MI support and resistance levels.