3LAM.PA GraniteShares 3x Long AMD EURONEXT up 11.30% pre-market: Monitor risk
The 3LAM.PA stock jumped 11.30% pre-market to EUR 0.22, making it one of today’s top gainers on EURONEXT. Volume was elevated at 367,263 shares versus a 50-day average of 623,455, signalling outsized short-term interest. This leveraged GraniteShares ETP aims for 3x exposure to AMD, so intraday moves amplify underlying AMD flows. Traders should note the wide gap to the 50-day average price of EUR 0.42 and the year high of EUR 3.60, which puts today’s move in a context of high historical volatility.
Price action and volume for 3LAM.PA stock
3LAM.PA stock opened at EUR 0.21, traded between EUR 0.21 and EUR 0.23, and closed pre-market near EUR 0.22 after the jump. Volume of 367,263 was about 0.59x the average, signalling selective buying rather than broad participation. The gap versus the 50-day average (EUR 0.42) shows the ETP remains well below recent mean levels.
Why the move matters for GraniteShares 3x Long AMD Daily
As a 3x leveraged ETP, GraniteShares 3x Long AMD Daily (3LAM.PA) magnifies AMD moves, so flows into the product often follow momentum in the semiconductor sector. The Technology sector in Europe shows mixed short-term strength, which can push leveraged products like 3LAM.PA higher on bursts of buying. For product details see the issuer site and exchange listing GraniteShares and EURONEXT.
Meyka Grade and technicals for 3LAM.PA stock
Meyka AI rates 3LAM.PA with a score out of 100: 62.66 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Technical indicators show RSI 29.67 (oversold), ADX 37.18 (strong trend), MACD histogram near zero, and Bollinger bands at EUR 0.25/0.18/0.11 (upper/mid/lower). These readings imply strong directional moves but near-term oversold momentum on lower timeframe scans.
Risks, volatility and trading strategy for 3LAM.PA stock
3LAM.PA is an exchange traded product that provides triple exposure, so directional losses and gains are magnified. Average 200-day price is EUR 0.85, far above the current level, showing large historical drawdowns. Traders should use tight risk controls, limit orders, and consider intraday timeframes. Liquidity can be thin outside peak hours; watch bid-ask spreads and size risk accordingly.
Price targets and Meyka AI forecast for 3LAM.PA stock
Meyka AI’s forecast model projects a short-term reference target of EUR 0.48 based on momentum and sector re-rating assumptions. Compared to the current price EUR 0.2235, that implies an implied upside of 114.80%, though forecasts are model-based projections and not guarantees. Given the product’s leveraged nature, we also present a conservative near-term price target of EUR 0.30 reflecting modest AMD strength and continued sector support.
Sector context and how AMD exposure drives 3LAM.PA stock
3LAM.PA’s returns mirror 3x daily moves in AMD and so respond to semiconductor demand cycles and key earnings or product news. The Technology sector’s 1M performance was -5.08% while YTD sits at 2.37%, creating mixed headwinds and opportunities for leveraged exposure. Use sector momentum and AMD-specific news flow to time entries rather than buying on headline spikes alone. See our 3LAM.PA page for live tracking Meyka 3LAM.PA page.
Final Thoughts
Key takeaways: 3LAM.PA stock is trading up 11.30% pre-market at about EUR 0.22 on EURONEXT, driven by short-term buying into a leveraged AMD exposure product. Our technical read shows oversold momentum and a strong trend signal, but wide gaps to the 50-day (EUR 0.42) and 200-day (EUR 0.85) averages underscore elevated risk. Meyka AI’s forecast model projects a reference target of EUR 0.48 versus the current price EUR 0.2235, implying an estimated upside of 114.80%; this is a model projection and not a guarantee. For traders, this is a high-volatility, short-duration instrument best used with strict stop-loss rules and position sizing. Investors seeking multi-day exposure should consider the effects of daily rebalancing on leveraged ETP returns and compare alternatives in the Technology sector before allocating capital.
FAQs
What is 3LAM.PA stock and how does it work?
3LAM.PA stock is GraniteShares 3x Long AMD Daily, an ETP that aims to deliver three times the daily total return of AMD. It rebalances daily, so results over longer periods can diverge from three times spot AMD due to compounding and volatility.
Why did 3LAM.PA stock jump pre-market today?
The pre-market jump in 3LAM.PA stock followed increased flows into leveraged AMD exposure and sector momentum. Volume upticks and short-term AMD strength typically push intraday leveraged ETPs higher, magnifying moves.
What risks should traders consider with 3LAM.PA stock?
Traders should note triple leverage, daily rebalance decay, wide bid-ask spreads, and liquidity risk on EURONEXT. Use tight stops, small position sizes, and trade primarily on short horizons to manage amplified losses.
Does Meyka AI provide a price forecast for 3LAM.PA stock?
Yes. Meyka AI’s forecast model projects a reference short-term target of EUR 0.48 versus current price EUR 0.2235, implying about 114.80% upside. Forecasts are model-based projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.