GRANITESHARES 3X LONG BABA (3LAA.MI) Stock Technical Analysis
BIT:3LAA - Euronext Milan - XS2842095320 - ETF - Currency: EUR
We assign a technical rating of 1 out of 10 to 3LAA. 3LAA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, 3LAA is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month 3LAA has a been trading in the 38.48 - 114.00 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.
Warning: 3LAA has an average volume of 1361 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Considerably lower volume is observed in the last couple of days.
The technical rating of 3LAA 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
38.42
87.30
We found 1 important support area.
- Support @38.81 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @86.44 from a trend 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
CRS0
Mansfield-30
10 Day High89
10 Day Low38.49
20 Day High114
20 Day Low38.49
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-40.23%
2 Weeks-51.86%
1 Month-52.88%
3 Month7.12%
6 Month41274.8%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
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)-6.62
RSI(14)39.98
LBB36.11
UBB110.7
BIT:3LAA (4/25/2025, 7:00:00 PM)
45.595
+0.24 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.54%
1 Week-40.23%
2 Weeks-51.86%
1 Month-52.88%
3 Month7.12%
6 Month41274.8%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.81
ATR(20)%31.49%
ATR Inc-59.77%
Range Today3.29
ADR(20)8.16
ADR(20)%17.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High89
10 Day Low38.49
20 Day High114
20 Day Low38.49
52 Week HighN/A
52 Week LowN/A
CS1 End38.81
CR1 Start86.44
Volume & EV
DER(3)0%
DER(5)0%
Volume668
Volume Incr-70.74%
Vol(5)553.8
Vol(50)1.36K