WT DAX 3X DAILY SHORT (3DES.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:3DES - IE00B8GKPP93 - ETF
Overall 3DES gets a technical rating of 1 out of 10. 3DES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of 3DES 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.
More info and screens
0.17
When analyzing the support we can see 2 important areas.
- Support @0.18 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.20 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 | DOWN | NEGATIVE | The long term trend for 3DES.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3DES.DE is down. |
| ChartMill Relative Strength | 6.56 | NEGATIVE | 3DES.DE has a low relative strength, it was outperformed by 93.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3DES.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 3DES.DE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3DES.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.85 | NEUTRAL | The RSI value for 3DES.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests 3DES.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.77 | OVERSOLD | The low Stochastics value suggests 3DES.DE may be oversold. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for 3DES.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 12.99 | NEGATIVE | The low ADX value for 3DES.DE suggests a weak or negative trend. |
FRA:3DES (12/12/2025, 7:00:00 PM)
0.1776
+0 (+1.37%)
WT DAX 3X DAILY SHORT / 3DES.DE FAQ
What is the ChartMill technical rating of WT DAX 3X DAILY SHORT (3DES.DE) stock?
ChartMill assigns a technical rating of 1 / 10 to 3DES.DE.
What is the trend direction for 3DES stock?
The current trend direction for WT DAX 3X DAILY SHORT (3DES.DE) is Bearish.
What is the RSI signal for 3DES stock?
WT DAX 3X DAILY SHORT (3DES.DE) has an RSI value of 41.8461. This indicates that the stock is currently neutral.
What is the buy/sell signal for WT DAX 3X DAILY SHORT (3DES.DE) stock?
The buy/sell signal for WT DAX 3X DAILY SHORT (3DES.DE) is sell as both the short term and long term trends are negative.
What is the support and resistance level for 3DES stock?
WT DAX 3X DAILY SHORT (3DES.DE) has a support level at 0.18 and a resistance level at 0.19. Check the full technical report for our detailed analysis of 3DES.DE support and resistance levels.