FRA:3WTI - Deutsche Boerse Ag - IE00BMTM6B32 - ETF - Currency: EUR
Taking everything into account, 3WTI scores 2 out of 10 in our technical rating. 3WTI'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.
3WTI 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.
16.98
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 3 important areas.
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 3WTI.DE is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 3WTI.DE is neutral. |
ChartMill Relative Strength | 5.59 | NEGATIVE | 3WTI.DE has a low relative strength, it was outperformed by 94.41% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3WTI.DE is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 3WTI.DE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3WTI.DE is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.42 | NEUTRAL | The RSI value for 3WTI.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests 3WTI.DE has a negative trend. |
Stochastics (14,3) | 69.33 | NEUTRAL | The Stochastics value for 3WTI.DE is a neutral value. |
Average True Range in percent/ATR (20) | 8.97 | HIGH VOLATILITY | The high ATR as a percentage value for 3WTI.DE suggests high volalility. |
Average Directional Index/ADX (14) | 12.6 | NEGATIVE | The low ADX value for 3WTI.DE suggests a weak or negative trend. |
FRA:3WTI (7/15/2025, 7:00:00 PM)
19.321
-0.14 (-0.73%)