WT BRENT CRUDE 3X DLY SHORT (3BFS.DE)

IE00BLRPRK35 - ETF

0.8752  -0.01 (-1.43%)

Technical Rating and Analysis

9

Overall 3BFS gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, 3BFS is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that 3BFS is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
3BFS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 3BFS is lagging the market.
In the last month 3BFS has a been trading in the 0.68 - 1.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
3BFS Weekly chart
3BFS Daily chart
Setup Rating and Analysis

3

Although 3BFS 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.

Support and Resistance Analysis

0.58

1.05

We found 3 important support areas.

  • A support zone ranging from 0.84 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.74 from a trend line in the daily time frame.
  • A support zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 0.92 to 0.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.01 from a trend line in the daily time frame.
  • Resistance @1.04 from a horizontal line in the daily time frame.
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
CRS91.1
Mansfield-0.91
10 Day High1.02
10 Day Low0.84
20 Day High1.02
20 Day Low0.68
52 Week High1.28
52 Week Low0.59
Performance
1 Week-16.31%
2 Weeks0.73%
1 Month10.23%
3 Month27.76%
6 Month16.06%
12 Month7.99%
2 Year-63.31%
3 Year-94.02%
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
RSI(14)52.6
LBB0.72
UBB1.04
3BFS Daily chart

WT BRENT CRUDE 3X DLY SHORT

FRA:3BFS (9/18/2024, 7:00:00 PM)

0.8752

-0.01 (-1.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.43%
1 Week-16.31%
2 Weeks0.73%
1 Month10.23%
3 Month27.76%
6 Month16.06%
12 Month7.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%5.6%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.02
10 Day Low0.84
20 Day High1.02
20 Day Low0.68
52 Week High1.28
52 Week Low0.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume109.53K
Volume Incr-1.66%
Vol(5)128.00K
Vol(50)106.33K