WT NASDAQ 100 3X DLY LVRGD (QQQ3.MI) Stock Technical Analysis
BIT:QQQ3 - Euronext Milan - IE00BLRPRL42 - ETF - Currency: EUR
We assign a technical rating of 9 out of 10 to QQQ3. Both in the recent history as in the last year, QQQ3 has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: QQQ3 has an average volume of 23701 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
QQQ3 is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so QQQ3 is lagging the market slightly.
In the last month QQQ3 has a been trading in the 186.34 - 224.59 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that QQQ3 is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although QQQ3 has an excellent technical rating, it does not present a decent entry opportunity 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
122.52
257.17
We found 4 important support areas.
- A support zone ranging from 221.84 to 223.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 210.62 to 211.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 194.80 to 197.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @123.76 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @254.62 from a horizontal line in the weekly 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 QQQ3.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QQQ3.MI is up. |
| ChartMill Relative Strength | 94.1 | POSITIVE | QQQ3.MI has a high relative strength, it outperformed 94.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QQQ3.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QQQ3.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QQQ3.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.19 | NEUTRAL | The RSI value for QQQ3.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests QQQ3.MI has a positive trend. |
| Stochastics (14,3) | 77.45 | NEUTRAL | The Stochastics value for QQQ3.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for QQQ3.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.92 | POSITIVE | The high ADX value value for QQQ3.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:QQQ3 (7/21/2025, 4:42:55 PM)
226.73
+4.88 (+2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.2%
1 Week3.9%
2 Weeks4.96%
1 Month17.95%
3 Month86.43%
6 Month-9.1%
12 Month12.05%
2 Year80.37%
3 Year139.94%
5 Year-89.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.03
ATR(20)%2.59%
ATR Inc33.85%
Range Today3.26
ADR(20)4.48
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.1
Mansfield0.38
10 Day High224.59
10 Day Low209.85
20 Day High224.59
20 Day Low186.34
52 Week High267.5
52 Week Low92.74
CS1 End211.99
CR1 Start223.01
Volume & EV
DER(3)-0.28%
DER(5)-0.17%
Volume1.37K
Volume Incr18.73%
Vol(5)23.51K
Vol(50)23.70K