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LS 3X BABA (3BAB.MI) Stock Technical Analysis

BIT:3BAB - Euronext Milan - XS2337090851 - ETF - Currency: EUR

4.3005  +0.57 (+15.39%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to 3BAB. 3BAB 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 3BAB.
In the last month 3BAB has a been trading in the 2.99 - 11.08 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Weekly and Daily overview Charts
LS 3X BABA / 3BAB Weekly stock chart
LS 3X BABA / 3BAB Daily stock chart
Setup Rating and Analysis

3

The technical rating of 3BAB 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.

Support and Resistance Analysis

2.19

5.75

When analyzing the support we can see 4 important areas.

  • Support @3.21 from a trend line in the daily time frame.
  • Support @2.49 from a trend line in the weekly time frame.
  • Support @2.45 from a trend line in the daily time frame.
  • Support @2.21 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 5.67 to 5.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
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 High10.12
10 Day Low2.99
20 Day High11.08
20 Day Low2.99
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-32.28%
2 Weeks-46.7%
1 Month-44.4%
3 Month44.38%
6 Month129.7%
12 MonthN/A
2 Year-59.51%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.65
RSI(14)42.82
LBB1.77
UBB11.16
LS 3X BABA / 3BAB Daily stock chart

LS 3X BABA

BIT:3BAB (4/23/2025, 7:00:00 PM)

4.3005

+0.57 (+15.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg15.39%
1 Week-32.28%
2 Weeks-46.7%
1 Month-44.4%
3 Month44.38%
6 Month129.7%
12 MonthN/A
2 Year-59.51%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.38
ATR(20)%33.17%
ATR Inc-32.26%
Range Today0.51
ADR(20)0.65
ADR(20)%15.04%
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 High10.12
10 Day Low2.99
20 Day High11.08
20 Day Low2.99
52 Week HighN/A
52 Week LowN/A
CS1 End3.21
CR1 Start5.67
Volume & EV
DER(3)0%
DER(5)0%
Volume35.13K
Volume Incr21.51%
Vol(5)55.19K
Vol(50)41.96K