WT EM 3X DAILY SHORT (3EMS.MI) Stock Technical Analysis
BIT:3EMS - Euronext Milan - IE00BYTYHM11 - ETF - Currency: EUR
Overall 3EMS gets a technical rating of 0 out of 10. 3EMS 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, 3EMS is a bad performer in the overall market: 96% of all stocks are doing better.
3EMS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month 3EMS has a been trading in the 3.40 - 5.39 range, which is quite wide. It is currently trading near the lows of this range.
Warning: 3EMS has an average volume of 2824 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The technical rating of 3EMS 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.
More info and screens
3.44
4.91
When analyzing the support we notice one important area.
- Support @3.47 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @4.23 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.30 to 4.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.58 to 4.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.86 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.63
Mansfield-4.72
10 Day High4.97
10 Day Low3.4
20 Day High5.39
20 Day Low3.4
52 Week High10.59
52 Week Low3
Performance
1 Week22.26%
2 Weeks13.18%
1 Month-6.75%
3 Month-21.58%
6 Month-50%
12 Month-44.47%
2 Year-34.57%
3 Year-8.66%
5 Year-76.89%
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)0.08
RSI(14)47.02
LBB3.29
UBB4.93
BIT:3EMS (3/5/2025, 7:00:00 PM)
3.747
-0.83 (-18.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-18.15%
1 Week22.26%
2 Weeks13.18%
1 Month-6.75%
3 Month-21.58%
6 Month-50%
12 Month-44.47%
2 Year-34.57%
3 Year-8.66%
5 Year-76.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%8.21%
ATR Inc-48.4%
Range Today0.09
ADR(20)0.06
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.63
Mansfield-4.72
10 Day High4.97
10 Day Low3.4
20 Day High5.39
20 Day Low3.4
52 Week High10.59
52 Week Low3
CS1 End4.3
CR1 Start4.58
Volume & EV
DER(3)0%
DER(5)0%
Volume292
Volume Incr496.92%
Vol(5)8.44K
Vol(50)2.82K