LEVERAGE SHARES 3X TESLA ETP (3TSL.MI) Stock Technical Analysis
BIT:3TSL - Euronext Milan - XS2757381400 - ETF - Currency: EUR
Overall 3TSL gets a technical rating of 3 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
3TSL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so 3TSL is lagging the market.
In the last month 3TSL has a been trading in the 7.60 - 19.19 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that 3TSL is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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 only medium 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
7.27
10.66
We found 5 important support areas.
- Support @10.55 from a horizontal line in the daily time frame.
- Support @9.55 from a trend line in the daily time frame.
- Support @9.28 from a horizontal line in the weekly time frame.
- Support @8.93 from a trend line in the daily time frame.
- Support @7.34 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 | 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 | 70.43 | POSITIVE | 3TSL.MI has a high relative strength, it outperformed 70.43% off all stocks 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) | UP | MIXED | The current price of 3TSL.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.02 | NEUTRAL | The RSI value for 3TSL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests 3TSL.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.48 | NEUTRAL | The Stochastics value for 3TSL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 17.88 | HIGH VOLATILITY | The high ATR as a percentage value for 3TSL.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 15.78 | 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 (6/19/2025, 3:13:51 PM)
10.558
-0.76 (-6.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.68%
1 Week-7.9%
2 Weeks-15.28%
1 Month-33.14%
3 Month40.32%
6 Month-76.83%
12 Month-21.37%
2 Year2528.98%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.06
ATR(20)%17.88%
ATR Inc-59.72%
Range Today0.16
ADR(20)1.23
ADR(20)%11.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.43
Mansfield-5.84
10 Day High12.59
10 Day Low7.6
20 Day High19.19
20 Day Low7.6
52 Week High112.77
52 Week Low4.75
CS1 End10.55
CR1 StartN/A
Volume & EV
DER(3)-1.19%
DER(5)-0.67%
Volume1.76K
Volume Incr-20.42%
Vol(5)45.31K
Vol(50)90.88K