3LST.PA volume spike on 02 Jan 2026: intraday liquidity and risk check
A sharp intraday volume spike pushed GraniteShares 3x Long STMicroel (3LST.PA) into focus on 02 Jan 2026, trading at €0.28 with 10,800.00 shares changing hands versus an average volume of 25.00, giving a relative volume of 432.00. We look at what the surge means for liquidity, volatility and short-term technicals for this EURONEXT-listed leveraged ETP in the Asset Management – Leveraged industry in Europe.
Intraday price and volume snapshot
3LST.PA was trading at €0.28 (last change -3.15%) on 02 Jan 2026 with a day high/low of €0.28/€0.28 and previous close €0.29. Volume today hit 10,800.00 versus an avgVolume of 25.00, a 432.00x spike, improving executable liquidity but increasing intraday volatility for this 3x leveraged ETP.
Why the volume spike matters for traders
A jump from 25.00 to 10,800.00 volume reduces spreads and slippage risk but magnifies directional moves for a 3x product. Short-term traders can see big intraday returns or losses; decay and path dependency mean holding overnight increases risk. We recommend scalped exposure rather than a buy-and-hold approach for this product.
Technical indicators and momentum
Technicals show short-term weakness: RSI 36.55 and MACD -0.03 with MACD signal -0.03. ADX is 30.06 signaling a strong trend. Momentum oscillators are oversold—MFI 6.31 and Stochastic %K 5.48—indicating forced selling pressure that could set up a relief bounce if volume sustains.
Fundamentals and market context
As an ETP, GraniteShares 3x Long STMicroel does not report EPS or traditional fundamentals; PE and EPS are None and shares outstanding are 52,547.00 with marketCap €14,724.00. The product aims for 3x daily exposure to STMicroelectronics and sits on EURONEXT in the Financial Services sector while the broader Financial Services sector is up 15.81% YTD, underlining divergence between leveraged ETPs and sector performance.
Meyka grade and risk assessment
Meyka AI rates 3LST.PA with a score out of 100: Score 67.55 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and we are not financial advisors. Key risks include high volatility, low NAV liquidity for small AUM products and leverage decay.
Trading setup and analyst view
For intraday traders we flag support near €0.28 and resistance around the short-term Bollinger middle band €0.31. Average price 50/200 both at €1.61 reflect longer-term compression after a steep decline; use tight stops and size positions to limit drawdowns. Analysts note the instrument’s 3x structure adds binary outcomes in fast markets.
Final Thoughts
Key takeaways: GraniteShares 3x Long STMicroel (3LST.PA) showed a material intraday volume spike on 02 Jan 2026 — 10,800.00 shares traded versus a 25.00 average — lifting liquidity but raising volatility. Current price €0.28 sits well below the 50/200-day averages (€1.61), and technicals show oversold momentum (RSI 36.55, MFI 6.31). Meyka AI’s forecast model projects a conservative 12-month base-case of €0.15 versus the current €0.28, implying downside of -46.49%; a bull recovery scenario to €0.60 implies upside of +114.14%. Forecasts are model-based projections and not guarantees. For intraday volume-spike strategies we recommend disciplined position sizing, monitoring of STMicroelectronics moves (the ETP’s underlying), and awareness that leveraged ETPs can materially diverge from the parent stock over multi-day periods. Meyka AI, our AI-powered market analysis platform, flags HOLD on the current grade and advises tactical trading rather than buy-and-hold exposure.
FAQs
Intraday spikes usually follow directional moves in STMicroelectronics, options flows or rebalancing by funds. For 3LST.PA the 10,800.00 vs avg 25.00 suggests concentrated trading interest rather than steady retail buying.
No. 3LST.PA is a daily 3x leveraged ETP designed for short-term trading. Path dependency and leverage decay make it unsuitable for long-term buy-and-hold strategies.
Use the Meyka grade (B, HOLD) as a data point in risk sizing and timing. It factors sector, benchmarks and technicals but is not financial advice. Combine with stop limits and short-term monitoring.
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.
