Logo image of USE3.AS

WT SHORT USD LONG EUR 3X DLY (USE3.AS) Stock Technical Analysis

AMS:USE3 - Euronext Amsterdam - JE00B3T3K772 - ETF - Currency: EUR

7.6  +0.04 (+0.49%)

Technical Rating and Analysis

9

Taking everything into account, USE3 scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, USE3 is showing a nice and steady performance.

Warning: USE3 has an average volume of 7317 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
USE3 is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so USE3 slightly outperforms the market at the moment.
USE3 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, USE3 did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
WT SHORT USD LONG EUR 3X DLY / USE3 Weekly stock chart
WT SHORT USD LONG EUR 3X DLY / USE3 Daily stock chart
Setup Rating and Analysis

6

USE3 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

6.46

7.85

We found 2 important support areas.

  • A support zone ranging from 6.95 to 7.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 6.53 to 6.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 7.63 to 7.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.62
Mansfield1.32
10 Day High7.85
10 Day Low7.33
20 Day High7.85
20 Day Low6.54
52 Week High7.85
52 Week Low5.61
Performance
1 Week-2.1%
2 Weeks1.52%
1 Month16.07%
3 Month28.1%
6 Month10.98%
12 Month7.34%
2 Year-2.76%
3 Year-3.66%
5 Year-24.66%
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)0.01
RSI(14)67.12
LBB6.78
UBB8.02
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
7.787.320.46 (5.96%)16.77%
An entry @7.78. This is a Buy Stop order right above the resistance zone.An exit @7.32. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.46 points, which is 5.96%.When investing 16.77% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WT SHORT USD LONG EUR 3X DLY / USE3 Daily stock chart

WT SHORT USD LONG EUR 3X DLY

AMS:USE3 (4/29/2025, 7:00:00 PM)

7.6

+0.04 (+0.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.49%
1 Week-2.1%
2 Weeks1.52%
1 Month16.07%
3 Month28.1%
6 Month10.98%
12 Month7.34%
2 Year-2.76%
3 Year-3.66%
5 Year-24.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%2.23%
ATR Inc-72.19%
Range Today0.03
ADR(20)0.1
ADR(20)%1.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.62
Mansfield1.32
10 Day High7.85
10 Day Low7.33
20 Day High7.85
20 Day Low6.54
52 Week High7.85
52 Week Low5.61
CS1 End7.05
CR1 Start7.63
Volume & EV
DER(3)0%
DER(5)0%
Volume1.82K
Volume Incr11.67%
Vol(5)12.81K
Vol(50)7.32K