GRANITESHARES 3X SHORT TSLA (3STS.MI) Stock Technical Analysis
BIT:3STS - Euronext Milan - XS3075487556 - ETF - Currency: EUR
Taking everything into account, 3STS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, 3STS is showing a nice and steady performance.
3STS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, 3STS did better than 99% of all other stocks.
In the last month 3STS has a been trading in the 0.07 - 17.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although 3STS has an excellent technical rating, it does not present a decent entry opportunity 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
11.56
14.50
We can see 2 important resistance areas.
- Resistance @13.70 from a trend line in the daily time frame.
- Resistance @14.36 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 3STS.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3STS.MI is up. |
| ChartMill Relative Strength | 99.75 | POSITIVE | 3STS.MI has a high relative strength, it outperformed 99.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3STS.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3STS.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 62.37 | NEUTRAL | The RSI value for 3STS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests 3STS.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.57 | NEUTRAL | The Stochastics value for 3STS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 16.75 | HIGH VOLATILITY | The high ATR as a percentage value for 3STS.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 34.15 | POSITIVE | The high ADX value value for 3STS.MI suggests a strong 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:3STS (8/1/2025, 7:00:00 PM)
11.676
-0.2 (-1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.72%
1 Week-2.33%
2 Weeks-11.06%
1 Month10495.3%
3 Month1823.56%
6 Month730.91%
12 Month7351.18%
2 Year32154.1%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.79
ATR(20)%16.75%
ATR Inc-44.17%
Range Today0.82
ADR(20)0.75
ADR(20)%6.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.75
Mansfield4.45
10 Day High14.67
10 Day Low10.89
20 Day High17.52
20 Day Low0.07
52 Week High42.53
52 Week Low0.03
CS1 EndN/A
CR1 Start13.7
Volume & EV
DER(3)0%
DER(5)0%
Volume6.52K
Volume Incr-97.21%
Vol(5)15.21K
Vol(50)534.88K