WT FTSE MIB 3X DAILY SHORT (3ITS.MI) Stock Technical Analysis
BIT:3ITS - Euronext Milan - XS2819844031 - ETF - Currency: EUR
We assign a technical rating of 2 out of 10 to 3ITS. Although 3ITS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month 3ITS has a been trading in the 28.02 - 36.60 range, which is quite wide. It is currently trading near the lows of this range.
Warning: 3ITS has an average volume of 463 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, 3ITS did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
3ITS 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.
Volume is considerably higher in the last couple of days.
The technical rating of 3ITS 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
28.33
48.37
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 31.10 to 31.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 36.27 to 36.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @44.18 from a trend line in the weekly time frame.
- Resistance @47.89 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.74
Mansfield0.41
10 Day High31.39
10 Day Low28.02
20 Day High36.6
20 Day Low28.02
52 Week High60.92
52 Week Low0.21
Performance
1 Week-2.07%
2 Weeks-3.77%
1 Month-17.88%
3 Month-28.95%
6 Month-40.24%
12 Month10659.4%
2 Year5170.72%
3 Year2728.06%
5 Year600.1%
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)0.21
RSI(14)36.63
LBB27.5
UBB31.95
BIT:3ITS (3/6/2025, 5:02:01 PM)
28.62
-0.54 (-1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.84%
1 Week-2.07%
2 Weeks-3.77%
1 Month-17.88%
3 Month-28.95%
6 Month-40.24%
12 Month10659.4%
2 Year5170.72%
3 Year2728.06%
5 Year600.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.11
ATR(20)%3.79%
ATR Inc58.95%
Range Today0.25
ADR(20)0.33
ADR(20)%1.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.74
Mansfield0.41
10 Day High31.39
10 Day Low28.02
20 Day High36.6
20 Day Low28.02
52 Week High60.92
52 Week Low0.21
CS1 EndN/A
CR1 Start31.1
Volume & EV
DER(3)-16.41%
DER(5)-9.85%
Volume58
Volume Incr128.88%
Vol(5)847.2
Vol(50)463.16