WT NASDAQ 100 3X DLY LVRGD (3QQQ.DE) Stock Technical Analysis
FRA:3QQQ - Deutsche Boerse Ag - IE00BLRPRL42 - ETF - Currency: EUR
Overall 3QQQ gets a technical rating of 8 out of 10. 3QQQ has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: 3QQQ has an average volume of 11673 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
3QQQ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so 3QQQ is lagging the market slightly.
In the last month 3QQQ has a been trading in the 187.14 - 224.60 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that 3QQQ is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although 3QQQ has an excellent technical rating, the quality of the presented setup is not ideal 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
122.62
257.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 210.73 to 210.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 194.69 to 196.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @123.86 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @223.33 from a horizontal line in the daily time frame.
- Resistance @254.91 from a horizontal 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 | UP | POSITIVE | The long term trend for 3QQQ.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3QQQ.DE is up. |
| ChartMill Relative Strength | 94.62 | POSITIVE | 3QQQ.DE has a high relative strength, it outperformed 94.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3QQQ.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3QQQ.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 3QQQ.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.93 | NEUTRAL | The RSI value for 3QQQ.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests 3QQQ.DE has a positive trend. |
| Stochastics (14,3) | 76.8 | NEUTRAL | The Stochastics value for 3QQQ.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for 3QQQ.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.17 | NEUTRAL | The ADX value for 3QQQ.DE 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 223.34 | 210.72 | 12.62 (5.65%) | 17.70% |
| An entry @223.34. This is a Buy Stop order right above the resistance zone. | An exit @210.72. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 12.62 points, which is 5.65%. | When investing 17.70% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:3QQQ (7/18/2025, 7:00:00 PM)
222.28
-1.04 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.47%
1 Week3.86%
2 Weeks5.06%
1 Month20.44%
3 Month86.65%
6 Month-8.81%
12 Month12.26%
2 Year81.14%
3 Year139.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.87
ATR(20)%2.58%
ATR Inc49.96%
Range Today3.22
ADR(20)4.19
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.62
Mansfield0.38
10 Day High224.6
10 Day Low209.98
20 Day High224.6
20 Day Low187.14
52 Week High267
52 Week Low92.8
CS1 End210.99
CR1 Start223.33
Volume & EV
DER(3)0%
DER(5)0%
Volume8.79K
Volume Incr-14.7%
Vol(5)8.70K
Vol(50)11.67K