LEVERAGE SHARES 3X TESLA ETP (3TSL.AS) Stock Technical Analysis
AMS:3TSL - Euronext Amsterdam - XS2757381400 - ETF - Currency: EUR
We assign a technical rating of 6 out of 10 to 3TSL. In the past year, 3TSL was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
3TSL 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 3TSL is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month 3TSL has a been trading in the 8.15 - 19.17 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the yearly performance of all stocks, we notice that 3TSL is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
3TSL has an average technical rating and it also 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
17.51
18.64
We found 1 important support area.
- Support @17.69 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @18.46 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 | DOWN | NEGATIVE | The long term trend for 3TSL.AS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 3TSL.AS is up. |
| ChartMill Relative Strength | 93.47 | POSITIVE | 3TSL.AS has a high relative strength, it outperformed 93.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 3TSL.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3TSL.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of 3TSL.AS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.99 | NEUTRAL | The RSI value for 3TSL.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests 3TSL.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.33 | OVERBOUGHT | The high Stochastics value suggests 3TSL.AS may be overbought. |
| Average True Range in percent/ATR (20) | 8.76 | HIGH VOLATILITY | The high ATR as a percentage value for 3TSL.AS suggests high volalility. |
| Average Directional Index/ADX (14) | 22.62 | NEUTRAL | The ADX value for 3TSL.AS suggests a possible start of a new 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)
AMS:3TSL (5/30/2025, 7:00:00 PM)
17.9926
-0.46 (-2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.5%
1 Week20.48%
2 Weeks7.05%
1 Month88.93%
3 Month-2.86%
6 Month-56.12%
12 Month54.98%
2 Year8604.69%
3 Year1010.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.67
ATR(20)%8.76%
ATR Inc-23.98%
Range Today1.35
ADR(20)1.17
ADR(20)%6.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.47
Mansfield-3.54
10 Day High19.17
10 Day Low13.7
20 Day High19.17
20 Day Low8.15
52 Week High113
52 Week Low4.97
CS1 End17.69
CR1 Start18.46
Volume & EV
DER(3)0%
DER(5)0%
Volume18.29K
Volume Incr-60.45%
Vol(5)17.77K
Vol(50)50.87K