LEVERAGE SHARES 3X TESLA ETP (3TSL.MI) Stock Technical Analysis
BIT:3TSL - Euronext Milan - XS2757381400 - ETF - Currency: EUR
We assign a technical rating of 2 out of 10 to 3TSL. 3TSL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
3TSL 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 3TSL has a been trading in the 7.17 - 14.68 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the performance of all stocks over the past year, 3TSL turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
Considerably lower volume is observed in the last couple of days.
3TSL has a poor technical rating and the quality of the setup is also not perfect 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
7.62
10.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.69 to 8.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.70 to 7.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @10.45 from a trend 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.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3TSL.MI is down. |
| ChartMill Relative Strength | 63.04 | NEUTRAL | 3TSL.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3TSL.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 3TSL.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3TSL.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.79 | NEUTRAL | The RSI value for 3TSL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests 3TSL.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.71 | NEUTRAL | The Stochastics value for 3TSL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 13.8 | HIGH VOLATILITY | The high ATR as a percentage value for 3TSL.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.68 | NEGATIVE | The low ADX value for 3TSL.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:3TSL (7/16/2025, 4:33:36 PM)
9.772
+0.28 (+2.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.92%
1 Week26.26%
2 Weeks-7.47%
1 Month-19.32%
3 Month51.05%
6 Month-83.26%
12 Month-26.6%
2 Year2247.92%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%13.8%
ATR Inc-44.23%
Range Today0.9
ADR(20)1
ADR(20)%10.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.04
Mansfield-6.35
10 Day High10.1
10 Day Low7.18
20 Day High14.68
20 Day Low7.18
52 Week High112.77
52 Week Low4.75
CS1 End8.73
CR1 Start10.45
Volume & EV
DER(3)0.48%
DER(5)0.4%
Volume4.92K
Volume Incr-59.63%
Vol(5)33.99K
Vol(50)64.71K