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WT BRENT CRUDE 3X DLY SHORT (3BRS.MI) Stock Technical Analysis

BIT:3BRS - Euronext Milan - IE00BLRPRK35 - ETF - Currency: EUR

0.8109  +0.04 (+5.39%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to 3BRS. In the last year, 3BRS was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, 3BRS is a bad performer in the overall market: 70% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month 3BRS has a been trading in the 0.60 - 0.81 range, which is quite wide. It is currently trading near the high of this range.
3BRS has an average volume of 1582600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
3BRS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
WT BRENT CRUDE 3X DLY SHORT / 3BRS Weekly stock chart
WT BRENT CRUDE 3X DLY SHORT / 3BRS Daily stock chart
Setup Rating and Analysis

1

3BRS has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

0.58

1.05

2 important support areas can be observed.

  • A support zone ranging from 0.68 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • 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.

5 important resistance areas can be observed.

  • Resistance @0.82 from a horizontal line in the daily time frame.
  • Resistance @0.86 from a trend line in the daily time frame.
  • Resistance @0.89 from a horizontal line in the weekly time frame.
  • Resistance @0.95 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
CRS30.22
Mansfield0.13
10 Day High0.81
10 Day Low0.61
20 Day High0.81
20 Day Low0.6
52 Week High1.06
52 Week Low0.56
Performance
1 Week29.81%
2 Weeks24.75%
1 Month32.96%
3 Month2.67%
6 Month9.15%
12 Month-8.54%
2 Year-52.64%
3 Year-66.98%
5 Year-96.02%
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)0.02
RSI(14)70.55
LBB0.57
UBB0.78
WT BRENT CRUDE 3X DLY SHORT / 3BRS Daily stock chart

WT BRENT CRUDE 3X DLY SHORT

BIT:3BRS (3/5/2025, 7:00:00 PM)

0.8109

+0.04 (+5.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.39%
1 Week29.81%
2 Weeks24.75%
1 Month32.96%
3 Month2.67%
6 Month9.15%
12 Month-8.54%
2 Year-52.64%
3 Year-66.98%
5 Year-96.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.58%
ATR Inc110.99%
Range Today0.07
ADR(20)0.03
ADR(20)%3.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.22
Mansfield0.13
10 Day High0.81
10 Day Low0.61
20 Day High0.81
20 Day Low0.6
52 Week High1.06
52 Week Low0.56
CS1 End0.7
CR1 Start0.82
Volume & EV
DER(3)0%
DER(5)0%
Volume489.62K
Volume Incr-36.52%
Vol(5)1.20M
Vol(50)1.58M