SG ETC DAILY LONG +3XGOLD FT (GOL3L.MI) Stock Technical Analysis
BIT:GOL3L - XS2425318412 - ETF
Taking everything into account, GOL3L scores 4 out of 10 in our technical rating. GOL3L has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
GOL3L has an average technical rating and it also does not offer a high 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
71.39
2 important support areas can be observed.
- Support @73.47 from a horizontal line in the weekly time frame.
- Support @72.11 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for GOL3L.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GOL3L.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | GOL3L.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOL3L.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 68.86 | NEUTRAL | The RSI value for GOL3L.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests GOL3L.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.21 | NEUTRAL | The Stochastics value for GOL3L.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.32 | HIGH VOLATILITY | The high ATR as a percentage value for GOL3L.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 41.99 | POSITIVE | The high ADX value value for GOL3L.MI suggests a strong trend. |
BIT:GOL3L (9/1/2025, 7:00:00 PM)
83.92
+10.45 (+14.22%)