3X LONG FERRARI (RACE) (3RAC.DE) Stock Technical Analysis
Europe - FRA:3RAC - XS2595673190 - ETF
Overall 3RAC gets a technical rating of 1 out of 10. 3RAC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of 3RAC 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
16.38
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.38 to 17.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.55 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 19.25 to 19.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.63 from a trend line in the daily time frame.
- Resistance @35.26 from a trend line in the weekly time frame.
- Resistance @36.41 from a trend line in the daily time frame.
- Resistance @39.99 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 3RAC.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3RAC.DE is down. |
| ChartMill Relative Strength | 1.73 | NEGATIVE | 3RAC.DE has a low relative strength, it was outperformed by 98.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3RAC.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3RAC.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3RAC.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.4 | NEUTRAL | The RSI value for 3RAC.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.73 | POSITIVE | The MACD value suggests 3RAC.DE has a positive trend. |
| Stochastics (14,3) | 71.59 | NEUTRAL | The Stochastics value for 3RAC.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.63 | HIGH VOLATILITY | The high ATR as a percentage value for 3RAC.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 33.98 | POSITIVE | The high ADX value value for 3RAC.DE suggests a strong trend. |
FRA:3RAC (11/7/2025, 7:00:00 PM)
18.55
+0.29 (+1.57%)
3X LONG FERRARI (RACE) / 3RAC.DE FAQ
Can you provide the ChartMill technical rating for 3X LONG FERRARI (RACE)?
ChartMill assigns a technical rating of 1 / 10 to 3RAC.DE.
What is the trend direction for 3RAC stock?
The current trend direction for 3X LONG FERRARI (RACE) (3RAC.DE) is Bearish.
What is the RSI signal for 3RAC stock?
3X LONG FERRARI (RACE) (3RAC.DE) has an RSI value of 40.4043. This indicates that the stock is currently neutral.
What is the MACD signal for 3RAC stock?
The MACD indicator for 3X LONG FERRARI (RACE) (3RAC.DE) has a value of 0.732375, indicating a bearish trend.
Can you provide the support and resistance levels for 3X LONG FERRARI (RACE)?
3X LONG FERRARI (RACE) (3RAC.DE) has a support level at 17.83 and a resistance level at 19.25. Check the full technical report for our detailed analysis of 3RAC.DE support and resistance levels.