3X LONG FERRARI (RACE) (3RAC.DE) Stock Technical Analysis
FRA:3RAC - Deutsche Boerse Ag - XS2595673190 - ETF - Currency: EUR
We assign a technical rating of 8 out of 10 to 3RAC. 3RAC 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: 3RAC has an average volume of 155 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month 3RAC has a been trading in the 34.82 - 47.99 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 3RAC is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
3RAC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 3RAC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although 3RAC has an excellent technical rating, it does not offer a high 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
37.23
65.60
2 important support areas can be observed.
- A support zone ranging from 41.66 to 42.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.61 to 37.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 48.71 to 49.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @56.21 from a trend line in the weekly time frame.
- Resistance @60.24 from a horizontal line in the weekly time frame.
- Resistance @64.95 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 | NEUTRAL | NEUTRAL | The long term trend for 3RAC.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3RAC.DE is up. |
| ChartMill Relative Strength | 88.89 | POSITIVE | 3RAC.DE has a high relative strength, it outperformed 88.89% 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) | UP | POSITIVE | The current price of 3RAC.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 3RAC.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.03 | NEUTRAL | The RSI value for 3RAC.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests 3RAC.DE has a positive trend. |
| Stochastics (14,3) | 98.95 | OVERBOUGHT | The high Stochastics value suggests 3RAC.DE may be overbought. |
| Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for 3RAC.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.68 | NEGATIVE | The low ADX value for 3RAC.DE 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)
FRA:3RAC (7/18/2025, 7:00:00 PM)
47.576
+1.31 (+2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.84%
1 Week7.58%
2 Weeks23.03%
1 Month10.12%
3 Month41.33%
6 Month18.79%
12 Month14.73%
2 Year94.46%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.67
ATR(20)%5.18%
ATR Inc-6.47%
Range Today3.18
ADR(20)1.73
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.89
Mansfield-0.3
10 Day High47.99
10 Day Low40.22
20 Day High47.99
20 Day Low34.82
52 Week High65.58
52 Week Low26.43
CS1 End42.07
CR1 Start48.7
Volume & EV
DER(3)0%
DER(5)0%
Volume36
Volume Incr32.83%
Vol(5)139.8
Vol(50)155.4