WT S&P 500 3X DAILY SHORT (3USS.MI) Stock Technical Analysis
BIT:3USS - Euronext Milan - IE00B8K7KM88 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to 3USS. 3USS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, 3USS is a bad performer in the overall market: 95% of all stocks are doing better.
3USS is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so 3USS is lagging the market.
In the last month 3USS has a been trading in the 12.70 - 15.73 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
The technical rating of 3USS 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
12.58
21.95
3 important resistance areas can be observed.
- A resistance zone ranging from 13.87 to 14.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.63 from a trend line in the weekly time frame.
- Resistance @21.73 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 3USS.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3USS.MI is down. |
| ChartMill Relative Strength | 5.1 | NEGATIVE | 3USS.MI has a low relative strength, it was outperformed by 94.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3USS.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3USS.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3USS.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.65 | NEUTRAL | The RSI value for 3USS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests 3USS.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.54 | OVERSOLD | The low Stochastics value suggests 3USS.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for 3USS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.2 | NEGATIVE | The low ADX value for 3USS.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:3USS (6/4/2025, 11:41:48 AM)
12.704
-0.51 (-3.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.86%
1 Week-5.05%
2 Weeks-2.95%
1 Month-15.91%
3 Month-28.14%
6 Month-14.52%
12 Month-44.44%
2 Year-65.24%
3 Year2344.02%
5 Year721.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%3.76%
ATR Inc-25.05%
Range Today0.06
ADR(20)0.28
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.1
Mansfield-2.96
10 Day High14.43
10 Day Low12.7
20 Day High15.73
20 Day Low12.7
52 Week High26.98
52 Week Low12.7
CS1 EndN/A
CR1 Start13.87
Volume & EV
DER(3)-36.48%
DER(5)-21.89%
Volume690
Volume Incr-54%
Vol(5)35.62K
Vol(50)99.47K