3X LONG FERRARI (RACE) (3RAC.MI) Stock Technical Analysis
Europe - BIT:3RAC - XS2595673190 - ETF
35.33 EUR
+2.38 (+7.24%)
We assign a technical rating of 1 out of 10 to 3RAC. In the last year, 3RAC was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than 3RAC.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month 3RAC has a been trading in the 25.09 - 51.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
27.92
42.27
We found 1 important support area.
- Support @28.20 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.34 to 35.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.85 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 | UP | POSITIVE | The long term trend for 3RAC.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3RAC.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | 3RAC.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3RAC.MI is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 48.12 | NEUTRAL | The RSI value for 3RAC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.05 | NEGATIVE | The MACD value suggests 3RAC.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.63 | NEUTRAL | The Stochastics value for 3RAC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 17.01 | HIGH VOLATILITY | The high ATR as a percentage value for 3RAC.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.43 | NEGATIVE | The low ADX value for 3RAC.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:3RAC (9/9/2025, 7:00:00 PM)
35.33
+2.38 (+7.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.24%
1 Week-25.63%
2 Weeks-23.29%
1 Month-9.56%
3 Month-37.41%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.47
ATR(20)%17.01%
ATR Inc-53.96%
Range Today1.4
ADR(20)2.62
ADR(20)%7.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High51.3
10 Day Low25.1
20 Day High51.3
20 Day Low25.1
52 Week HighN/A
52 Week LowN/A
CS1 End28.2
CR1 Start35.34
Volume & EV
DER(3)0%
DER(5)0%
Volume546
Volume Incr332.91%
Vol(5)6.43K
Vol(50)N/A