3X LONG SILVER (3SLV.DE) Stock Technical Analysis
FRA:3SLV - Deutsche Boerse Ag - XS2472195952 - ETF - Currency: EUR
Overall 3SLV gets a technical rating of 2 out of 10. 3SLV'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.
75% of all other stocks performed better in the past year than 3SLV.
3SLV is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 3SLV is lagging the market.
Warning: 3SLV has an average volume of 1253 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month 3SLV has a been trading in the 7.89 - 9.14 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
3SLV has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.65. Right above this resistance zone may be a good entry point.
More info and screens
6.79
13.27
4 important support areas can be observed.
- Support @8.27 from a trend line in the daily time frame.
- A support zone ranging from 7.94 to 7.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.14 from a trend line in the weekly time frame.
- Support @6.86 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 8.65 to 8.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.13 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.03 to 10.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.14 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 3SLV.DE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 3SLV.DE is neutral. |
| ChartMill Relative Strength | 25.21 | NEGATIVE | 3SLV.DE has a low relative strength, it was outperformed by 74.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3SLV.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3SLV.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of 3SLV.DE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.82 | NEUTRAL | The RSI value for 3SLV.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests 3SLV.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.66 | NEUTRAL | The Stochastics value for 3SLV.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for 3SLV.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 9.91 | NEGATIVE | The low ADX value for 3SLV.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:3SLV (5/28/2025, 7:00:00 PM)
8.5485
0 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.03%
1 Week6.68%
2 Weeks1.11%
1 Month2.57%
3 Month-2.23%
6 Month-4.09%
12 Month-7.46%
2 Year35.83%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%5.27%
ATR Inc-38.98%
Range Today0.33
ADR(20)0.37
ADR(20)%4.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.21
Mansfield-0.98
10 Day High9
10 Day Low7.89
20 Day High9.14
20 Day Low7.89
52 Week High13.37
52 Week Low6.77
CS1 End8.27
CR1 Start8.65
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr174.74%
Vol(5)2.42K
Vol(50)1.25K