3TSM.AS (Leverage Shares 3x TSM) EURONEXT +13.72% pre-market: monitor risk
The Leverage Shares 3x Long Taiwan Semiconductor ETP, trading as 3TSM.AS on EURONEXT, is the pre-market top gainer after jumping 13.72% to €15.27. This move follows heavy short-term momentum in semiconductor names and pushed the ETP above its day low of €14.13 on light turnover of 200 shares. The 3x exposure magnifies intraday moves in Taiwan Semiconductor (TSM) and increases both upside and downside risk for European traders. We use Meyka AI real-time signals to unpack technicals, forecasts and practical trade levels for the 3TSM.AS stock.
Pre-market price action and drivers for 3TSM.AS stock
3TSM.AS stock opened at €14.13 and is trading at €15.27 pre-market, a +13.72% change from the previous close of €13.43. One-day momentum readings show a steep move: the 1D change sits at 13.71% and the YTD gain is 75.30%, reflecting concentrated buying in leveraged exposure to TSM. Volume remains light at 200 shares versus an average of 388, indicating the price move is early-session and may be thinly traded. Check liquidity before scaling into positions because low volume can widen spreads on EURONEXT.
Technical snapshot for 3TSM.AS stock
Technical indicators point to strong bullish momentum for 3TSM.AS stock but also short-term overbought readings. The RSI is 73.35, MACD is 1.11 with a signal of 0.95, and ADX is 35.75, signalling a strong trend. Bollinger Bands are Upper 15.34 / Middle 12.11 / Lower 8.88, which shows the price sitting at the upper band. Traders should expect higher intraday volatility given the ETP’s 3x leverage and an ATR of 0.72.
Meyka AI rates 3TSM.AS with a score out of 100
Meyka AI rates 3TSM.AS with a score out of 100: 63.86 (Grade B) — HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade reflects strong short-term momentum and limited fundamental metrics for an ETP structure. These grades are not guaranteed and are for informational purposes only, not investment advice.
Meyka AI’s forecast and price target view for 3TSM.AS stock
Meyka AI’s forecast model projects a yearly price of €11.79 and a 3-year level of €19.67. Compared with the current €15.27, the yearly projection implies a downside of -22.81%, while the 3-year projection implies an upside of +28.83%. Short-term model points include monthly €10.72 and quarterly €9.32, which reflect mean-reversion scenarios for leveraged exposure. Forecasts are model-based projections and not guarantees. For practical targets, we outline a near-term resistance around €16.50–€18.00 and a support band at €12.00–€13.00 based on intraday structure and the Bollinger midline at €12.11.
Trading setup, risks and liquidity for 3TSM.AS stock
As a 3x ETP, 3TSM.AS stock is designed for short-term directional trading, not long-term buy-and-hold. The ETP has 1,108,686 shares outstanding and a market cap of €16,928,194.00, but on EURONEXT average daily volume is only 388, so slippage and execution cost are real concerns. Key risks include path dependency of daily rebalancing, funding costs and amplified drawdowns if TSM reverses. Use strict stop-losses and position sizing when trading the ETP.
Sector context and how semiconductor trends move 3TSM.AS stock
The ETP tracks 3x exposure to TSM, tying its fortunes to the semiconductor cycle and the broader Technology sector. European technology indices show mixed short-term performance with a 1Y sector gain of 14.33%; heavyweights like ASML influence chip capital spending. Strength in semiconductor sentiment supports 3TSM.AS stock rallies, while sector pullbacks translate into magnified losses for the ETP. Traders should monitor TSM news and semiconductor capex signals closely.
Final Thoughts
3TSM.AS stock is the standout pre-market gainer on EURONEXT after a +13.72% spike to €15.27. Short-term technicals show a strong trend but overbought momentum (RSI 73.35) and thin volume (200 traded) warn that the move may be fragile. Meyka AI’s model projects a yearly level of €11.79 (implying -22.81% vs today) and a 3-year target of €19.67 (implying +28.83% upside). For traders, this profile supports tactical, time-limited trades with tight risk controls rather than buy-and-hold exposure. Remember the ETP’s 3x design amplifies both gains and losses, and forecasts are model-based projections and not guarantees. For live updates see our Meyka AI platform and the ETP product page before trading.
FAQs
What drove 3TSM.AS stock higher pre-market?
3TSM.AS stock rose on short-term buying in semiconductor sentiment, pushing the 3x ETP to €15.27. Low traded volume of 200 shares amplified price movement. News around TSM fundamentals or sector flows likely triggered the move.
How should I trade 3TSM.AS stock given its leverage?
Treat 3TSM.AS stock as a short-term trading tool. Use tight stops, small position sizes, and monitor intraday liquidity. The 3x structure magnifies daily moves and path dependency can erode returns if held long term.
What are Meyka AI’s forecasts for 3TSM.AS stock?
Meyka AI’s forecast model projects a yearly price of €11.79 and a 3-year level of €19.67. These imply -22.81% and +28.83% versus the current €15.27. Forecasts are projections and not guarantees.
Is 3TSM.AS stock liquid enough for large trades?
No. Average volume is 388 shares on EURONEXT and the ETP’s market cap is €16,928,194.00, so large orders can move price and widen spreads. Scale in carefully and consider limit orders.
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.