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WT DAX 3X DAILY SHORT (3DES.MI) Stock Technical Analysis

BIT:3DES - Euronext Milan - IE00B8GKPP93 - ETF - Currency: EUR

0.22  -0.01 (-2.65%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to 3DES. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, 3DES is a bad performer in the overall market: 99% of all stocks are doing better.
3DES is currently making a new 52 week low. This is a very bad signal. 3DES is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month 3DES has a been trading in the 0.22 - 0.30 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: 3DES has an average volume of 23315 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Weekly and Daily overview Charts
WT DAX 3X DAILY SHORT / 3DES Weekly stock chart
WT DAX 3X DAILY SHORT / 3DES Daily stock chart
Setup Rating and Analysis

2

The technical rating of 3DES is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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
CRS1.22
Mansfield-8.01
10 Day High0.26
10 Day Low0.22
20 Day High0.3
20 Day Low0.22
52 Week High1.86
52 Week Low0.22
Performance
1 Week-11.65%
2 Weeks-14.06%
1 Month-28.8%
3 Month-45.14%
6 Month-72.5%
12 Month-80.82%
2 Year-83.61%
3 Year-81.37%
5 Year-96.59%
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)33.72
LBB0.22
UBB0.27
WT DAX 3X DAILY SHORT / 3DES Daily stock chart

WT DAX 3X DAILY SHORT

BIT:3DES (3/6/2025, 9:31:37 AM)

0.22

-0.01 (-2.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.65%
1 Week-11.65%
2 Weeks-14.06%
1 Month-28.8%
3 Month-45.14%
6 Month-72.5%
12 Month-80.82%
2 Year-83.61%
3 Year-81.37%
5 Year-96.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.48%
ATR Inc67.39%
Range Today0
ADR(20)0
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.22
Mansfield-8.01
10 Day High0.26
10 Day Low0.22
20 Day High0.3
20 Day Low0.22
52 Week High1.86
52 Week Low0.22
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)4.27%
DER(5)-14.58%
Volume14.00K
Volume Incr164.51%
Vol(5)40.61K
Vol(50)23.32K