WT LONG JPY SHORT EUR 3X DLY (EJP3.MI) Stock Technical Analysis
BIT:EJP3 - Euronext Milan - JE00B3WDZY68 - ETF - Currency: EUR
Overall EJP3 gets a technical rating of 0 out of 10. EJP3 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
100% of all other stocks performed better in the past year than EJP3.
In the last month EJP3 has a been trading in the 6.45 - 8.00 range, which is quite wide. It is currently trading near the lows of this range.
Warning: EJP3 has an average volume of 6033 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, EJP3 does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.49, a Stop Loss order could be placed below this zone.
More info and screens
6.43
7.54
When analyzing the support we notice one important area.
- A support zone ranging from 6.49 to 6.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.02 to 7.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.42 to 7.47. 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 | NEUTRAL | NEUTRAL | The long term trend for EJP3.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EJP3.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | EJP3.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EJP3.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EJP3.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 39.03 | NEUTRAL | The RSI value for EJP3.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests EJP3.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.74 | OVERSOLD | The low Stochastics value suggests EJP3.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for EJP3.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.06 | NEGATIVE | The low ADX value for EJP3.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:EJP3 (5/29/2025, 7:00:00 PM)
6.496
-0.11 (-1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.71%
1 Week-4.27%
2 Weeks-5.11%
1 Month-9.58%
3 Month-6.6%
6 Month-1.2%
12 MonthN/A
2 Year-40.02%
3 Year-73.21%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%3.81%
ATR Inc-62.24%
Range Today0.01
ADR(20)0.16
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High7.23
10 Day Low6.45
20 Day High8
20 Day Low6.45
52 Week HighN/A
52 Week LowN/A
CS1 End6.49
CR1 Start7.02
Volume & EV
DER(3)0%
DER(5)0%
Volume914
Volume Incr-50.33%
Vol(5)3.20K
Vol(50)6.03K