WT FTSE MIB 3X DAILY SHORT (3ITS.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:3ITS - XS2819844031 - ETF
Overall 3ITS gets a technical rating of 1 out of 10. 3ITS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
3ITS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.14. Right above this resistance zone may be a good entry point.
More info and screens
15.53
We found 1 important support area.
- Support @15.69 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 16.14 to 16.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.08 to 17.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.85 from a horizontal line in the daily time frame.
- Resistance @23.48 from a trend line in the weekly 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 3ITS.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3ITS.MI is down. |
| ChartMill Relative Strength | 4.29 | NEGATIVE | 3ITS.MI has a low relative strength, it was outperformed by 95.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 3ITS.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3ITS.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3ITS.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.79 | NEUTRAL | The RSI value for 3ITS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests 3ITS.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.84 | OVERSOLD | The low Stochastics value suggests 3ITS.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for 3ITS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 10.62 | NEGATIVE | The low ADX value for 3ITS.MI suggests a weak or negative trend. |
BIT:3ITS (12/12/2025, 7:00:00 PM)
15.7
+0.17 (+1.12%)
WT FTSE MIB 3X DAILY SHORT / 3ITS.MI FAQ
What is the ChartMill technical rating of WT FTSE MIB 3X DAILY SHORT (3ITS.MI) stock?
ChartMill assigns a technical rating of 1 / 10 to 3ITS.MI.
Can you provide the trend direction for WT FTSE MIB 3X DAILY SHORT?
The current trend direction for WT FTSE MIB 3X DAILY SHORT (3ITS.MI) is Bearish.
Can you provide the RSI signal for WT FTSE MIB 3X DAILY SHORT?
WT FTSE MIB 3X DAILY SHORT (3ITS.MI) has an RSI value of 41.7873. This indicates that the stock is currently neutral.
What is the short term momentum for 3ITS stock?
The short term momentum for WT FTSE MIB 3X DAILY SHORT (3ITS.MI) is negative.
Can you provide the support and resistance levels for WT FTSE MIB 3X DAILY SHORT?
WT FTSE MIB 3X DAILY SHORT (3ITS.MI) has a support level at 15.69 and a resistance level at 16.14. Check the full technical report for our detailed analysis of 3ITS.MI support and resistance levels.