GRANITESHARES 3X SHORT TSLA (3STS.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:3STS - XS3075487556 - ETF
Taking everything into account, 3STS scores 1 out of 10 in our technical rating. 3STS'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, 3STS is a bad performer in the overall market: 100% of all stocks are doing better.
- 3STS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month 3STS has a been trading in the 1.63 - 3.94 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.
The technical rating of 3STS 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
1.78
When analyzing the support we notice one important area.
- Support @1.80 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.39 to 2.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 3STS.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3STS.MI is down. |
| ChartMill Relative Strength | 0.38 | NEGATIVE | 3STS.MI has a low relative strength, it was outperformed by 99.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3STS.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 3STS.MI is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 42.94 | NEUTRAL | The RSI value for 3STS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests 3STS.MI has a positive trend. |
| Stochastics (14,3) | 24.03 | NEUTRAL | The Stochastics value for 3STS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 14.99 | HIGH VOLATILITY | The high ATR as a percentage value for 3STS.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.58 | NEGATIVE | The low ADX value for 3STS.MI suggests a weak or negative trend. |
BIT:3STS (1/8/2026, 7:00:00 PM)
2.38
-0.04 (-1.49%)
GRANITESHARES 3X SHORT TSLA / 3STS.MI FAQ
What is the ChartMill technical rating of GRANITESHARES 3X SHORT TSLA (3STS.MI) stock?
ChartMill assigns a technical rating of 1 / 10 to 3STS.MI.
What is the current trend direction of GRANITESHARES 3X SHORT TSLA (3STS.MI) stock?
The current trend direction for GRANITESHARES 3X SHORT TSLA (3STS.MI) is Bearish.
What is the RSI signal for GRANITESHARES 3X SHORT TSLA (3STS.MI) stock?
GRANITESHARES 3X SHORT TSLA (3STS.MI) has an RSI value of 42.9369. This indicates that the stock is currently neutral.
What is the short term momentum for 3STS stock?
The short term momentum for GRANITESHARES 3X SHORT TSLA (3STS.MI) is negative.
What is the buy/sell signal for 3STS stock?
The buy/sell signal for GRANITESHARES 3X SHORT TSLA (3STS.MI) is sell as both the short term and long term trends are negative.