WT WHEAT 3X DAILY LEVERAGED (3WHL.MI) Stock Technical Analysis
BIT:3WHL - Euronext Milan - JE00BYQY8102 - ETF - Currency: EUR
We assign a technical rating of 0 out of 10 to 3WHL. 3WHL 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, 3WHL is a bad performer in the overall market: 96% of all stocks are doing better.
3WHL 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 3WHL has a been trading in the 0.12 - 0.16 range, which is quite wide. It is currently trading near the lows of this range.
3WHL has an average volume of 2304670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of 3WHL 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
0.13
0.16
When analyzing the resistance we notice 3 important areas.
- Resistance @0.13 from a trend line in the daily time frame.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 4.04 | NEGATIVE | 3WHL.MI has a low relative strength, it was outperformed by 95.96% 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) | 39.12 | NEUTRAL | The RSI value for 3WHL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests 3WHL.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.96 | OVERSOLD | The low Stochastics value suggests 3WHL.MI may be oversold. |
| Average True Range in percent/ATR (20) | 6.42 | HIGH VOLATILITY | The high ATR as a percentage value for 3WHL.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.39 | NEUTRAL | The ADX value for 3WHL.MI 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)
BIT:3WHL (8/8/2025, 7:00:00 PM)
0.1286
0 (-1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.38%
1 Week-4.88%
2 Weeks-13.34%
1 Month-19.98%
3 Month-17.56%
6 Month-54.32%
12 Month-53.19%
2 Year-81.13%
3 Year-96.55%
5 Year-96.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%6.42%
ATR Inc-9.17%
Range Today0
ADR(20)0.01
ADR(20)%5.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.04
Mansfield-4.7
10 Day High0.16
10 Day Low0.12
20 Day High0.16
20 Day Low0.12
52 Week High0.35
52 Week Low0.12
CS1 EndN/A
CR1 Start0.13
Volume & EV
DER(3)0%
DER(5)0%
Volume1.14M
Volume Incr8.49%
Vol(5)2.80M
Vol(50)2.30M