WT WHEAT 3X DAILY LEVERAGED (3WHL.MI) Stock Technical Analysis
BIT:3WHL - Euronext Milan - JE00BYQY8102 - ETF - Currency: EUR
Overall 3WHL gets a technical rating of 0 out of 10. 3WHL'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
98% of all other stocks performed better in the past year than 3WHL.
3WHL 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 3WHL is lagging the market.
3WHL has an average volume of 1940030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month 3WHL has a been trading in the 0.14 - 0.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
3WHL has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.16
0.27
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.27 to 0.27. 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 3WHL.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3WHL.MI is down. |
| ChartMill Relative Strength | 2.29 | NEGATIVE | 3WHL.MI has a low relative strength, it was outperformed by 97.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3WHL.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3WHL.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3WHL.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.08 | NEUTRAL | The RSI value for 3WHL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests 3WHL.MI has a positive trend. |
| Stochastics (14,3) | 44.94 | NEUTRAL | The Stochastics value for 3WHL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.16 | HIGH VOLATILITY | The high ATR as a percentage value for 3WHL.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 28.1 | POSITIVE | The high ADX value value for 3WHL.MI suggests a strong 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:3WHL (5/30/2025, 7:00:00 PM)
0.1633
+0 (+1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.74%
1 Week1.62%
2 Weeks-1.69%
1 Month-14.01%
3 Month-27.71%
6 Month-30.89%
12 Month-74.02%
2 Year-81.2%
3 Year-98.51%
5 Year-95.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%7.16%
ATR Inc-53.08%
Range Today0.01
ADR(20)0.01
ADR(20)%5.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.29
Mansfield-3.91
10 Day High0.18
10 Day Low0.14
20 Day High0.19
20 Day Low0.14
52 Week High0.63
52 Week Low0.14
CS1 EndN/A
CR1 Start0.17
Volume & EV
DER(3)0%
DER(5)0%
Volume1.41M
Volume Incr-21.49%
Vol(5)1.67M
Vol(50)1.94M