
Europe - Frankfurt Stock Exchange - FRA:3RAC - XS2595673190 - ETF
Taking everything into account, 3RAC scores 0 out of 10 in our technical rating. 3RAC 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 technical rating of 3RAC 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.
13.56
When analyzing the resistance we notice one important area.
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 3RAC.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 3RAC.DE is down. |
| ChartMill Relative Strength | 1.43 | NEGATIVE | 3RAC.DE has a low relative strength, it was outperformed by 98.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 3RAC.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 3RAC.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 3RAC.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.43 | NEUTRAL | The RSI value for 3RAC.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests 3RAC.DE has a positive trend. |
| Stochastics (14,3) | 34.26 | NEUTRAL | The Stochastics value for 3RAC.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.82 | HIGH VOLATILITY | The high ATR as a percentage value for 3RAC.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 32.44 | POSITIVE | The high ADX value value for 3RAC.DE suggests a strong trend. |
FRA:3RAC (12/30/2025, 7:00:00 PM)
13.699
+0.13 (+0.94%)
ChartMill assigns a technical rating of 0 / 10 to 3RAC.DE.
The current trend direction for 3X LONG FERRARI (RACE) (3RAC.DE) is Bearish.
3X LONG FERRARI (RACE) (3RAC.DE) has an RSI value of 40.4317. This indicates that the stock is currently neutral.
The buy/sell signal for 3X LONG FERRARI (RACE) (3RAC.DE) is sell as both the short term and long term trends are negative.
3X LONG FERRARI (RACE) (3RAC.DE) has a resistance level at 14.03. Check the full technical report for our detailed analysis of 3RAC.DE support and resistance levels.