WT NATURAL GAS 3X DLY SHORT (3NGS.MI) Stock Technical Analysis
BIT:3NGS - Euronext Milan - XS2819843223 - ETF - Currency: EUR
Taking everything into account, 3NGS scores 0 out of 10 in our technical rating. 3NGS 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, 3NGS is a bad performer in the overall market: 100% of all stocks are doing better.
3NGS is currently trading near the lower end of its 52 week range, which is not a good sign. 3NGS is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month 3NGS has a been trading in the 9.39 - 27.87 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: 3NGS has an average volume of 9182 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of 3NGS 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
11.34
11.57
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.46 to 11.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.16
Mansfield-9.8
10 Day High17.54
10 Day Low9.39
20 Day High27.87
20 Day Low9.39
52 Week High2023.91
52 Week Low9.39
Performance
1 Week-31.72%
2 Weeks-13.58%
1 Month-59.54%
3 Month-86.83%
6 Month-87.23%
12 Month-99.21%
2 Year-98.22%
3 Year11125.5%
5 Year-46.16%
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)0.37
RSI(14)33.83
LBB8.84
UBB19.1
BIT:3NGS (3/7/2025, 5:20:58 PM)
11.45
+0.73 (+6.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.81%
1 Week-31.72%
2 Weeks-13.58%
1 Month-59.54%
3 Month-86.83%
6 Month-87.23%
12 Month-99.21%
2 Year-98.22%
3 Year11125.5%
5 Year-46.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.5
ATR(20)%22.12%
ATR Inc-56.29%
Range Today0.73
ADR(20)1.82
ADR(20)%15.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.16
Mansfield-9.8
10 Day High17.54
10 Day Low9.39
20 Day High27.87
20 Day Low9.39
52 Week High2023.91
52 Week Low9.39
CS1 EndN/A
CR1 Start11.46
Volume & EV
DER(3)-16.36%
DER(5)-22.28%
Volume4.23K
Volume Incr58.38%
Vol(5)19.49K
Vol(50)9.18K