Pre-Market: 3SPA.PA GraniteShares 3x Short Palantir EURONEXT 30 Jan: Volume alert
The 3SPA.PA stock opened pre-market on EURONEXT at €0.0122, trading down -6.87% from yesterday and showing heavy activity with 21,930,626.00 shares changing hands. This exchange-traded product from GraniteShares offers -3x daily exposure to PLTR, so price moves reflect leveraged inverse performance rather than underlying company results. Traders should note the gap between the fund’s current price and its 50-day average of €0.49 and 200-day average of €9.56, which signals extreme compression in the instrument’s market pricing.
3SPA.PA stock overview and product details
3SPA.PA stock is GraniteShares 3x Short Palantir listed on EURONEXT in Europe and denominated in EUR. The ETP is designed to provide -3x daily exposure to PLTR (Palantir Technologies) and is not a traditional equity or dividend-paying instrument. The product has a market cap of €720.00 and 59,988.00 shares outstanding as of the latest trade.
Trading activity: why 3SPA.PA is most active pre-market
Volume is elevated at 21,930,626.00 versus an average volume of 18,852,795.00, a relative volume of 1.16, putting 3SPA.PA among the most active listings on EURONEXT this pre-market session. Heavy trading reflects short-term directional bets on Palantir moves and increased intraday hedge activity. The intraday range so far is €0.0121 to €0.0131, with an open at €0.0129.
3SPA.PA stock technicals and quick metrics
Momentum indicators show a low RSI at 33.09, suggesting the ETP is near oversold territory on daily bars. MACD histogram is 0.02, and ATR sits at 0.01, indicating compressed absolute volatility but strong percentage swings given the low nominal price. The year high remains €31.45 and year low €0.0121, underscoring extreme historical range and the effect of splits or re-pricing events on this leveraged ETP.
Meyka AI grades 3SPA.PA with model context and guidance
Meyka AI rates 3SPA.PA with a score out of 100: 62.64 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade reflects liquidity and trading interest but flags structural risks in leveraged inverse ETPs.
Meyka AI forecast and price targets for 3SPA.PA stock
Meyka AI’s forecast model projects a short-term base case target of €0.0150 and a cautious downside scenario near €0.0080, compared with the current price of €0.0122. The model implies a potential short-term upside of +22.95% to €0.0150 and a downside of -34.43% to €0.0080. Forecasts are model-based projections and not guarantees.
Risks, strategy and sector context for 3SPA.PA stock
3SPA.PA sits in the Asset Management – Leveraged industry within the Financial Services sector and is highly sensitive to Palantir (PLTR) moves and intraday rebalancing. Key risks include path dependency of daily rebalancing, counterparty and tracking error, and the potential for extreme price gaps. A disciplined trading strategy and strict risk limits are essential when using 3SPA.PA for short-term exposure.
Final Thoughts
Key takeaways on 3SPA.PA stock for the EURONEXT pre-market: the ETP is trading at €0.0122 with volume of 21,930,626.00, marking it one of the most active instruments this session in Europe. Technicals point to near-oversold readings while on-chain product structure and daily rebalancing create asymmetric risk for holders. Meyka AI’s model projects a short-term base target of €0.0150, representing an implied upside of +22.95%, and a bear target of €0.0080, implying -34.43% risk from the current price. Traders should weigh the product’s leverage, low market cap €720.00, and compressed averages (50-day €0.49, 200-day €9.56) before entering positions. Use stop limits and short time horizons for trades in leveraged inverse ETPs, and consider hedging around major PLTR announcements. Forecasts are model-based projections and not guarantees, and Meyka AI is presented here as an AI-powered market analysis platform to support real-time decision making.
FAQs
What is 3SPA.PA stock and how does it work?
3SPA.PA stock is GraniteShares 3x Short Palantir, an ETP on EURONEXT that aims for daily -3x exposure to PLTR returns. It rebalances daily and is suited for short-term tactical trades, not long-term buy-and-hold investing.
Why is 3SPA.PA stock trading actively pre-market?
High pre-market activity in 3SPA.PA stock reflects intraday hedges, speculative short-term bets on Palantir, and position adjustments by market makers given the product’s leveraged inverse exposure.
What price targets does Meyka AI give for 3SPA.PA stock?
Meyka AI’s forecast model projects a base target of €0.0150 (+22.95%) and a downside scenario at €0.0080 (-34.43%) versus the current €0.0122. These are model projections and not guarantees.
Is 3SPA.PA stock appropriate for retail investors?
3SPA.PA stock is suitable only for informed traders who accept high leverage, daily rebalancing risk, and potential rapid losses; it is not generally recommended for long-term retail investors without risk controls.
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.
