17.43% intraday: 3LBN.PA GraniteShares 3x Long BNP on EURONEXT, low volume
The 3LBN.PA stock jumped 17.43% intraday to EUR 3.759 on EURONEXT, driven by short-term flows into the leveraged GraniteShares product. Trading shows a large percentage move on very low volume (23), which signals idiosyncratic order flow rather than broad market conviction. As a 3x leveraged ETF tied to BNP flows, price swings can be amplified and intraday rebalancing can widen gaps. We use Meyka AI’s real-time metrics to explain the move and the risks for traders in Europe today.
3LBN.PA stock: Intraday price action and drivers
The share price rose from EUR 3.201 previous close to EUR 3.759 (+17.43%) on the session open, with the day high and low equal at EUR 3.759. This intraday move is consistent with leveraged exposure to BNP-related flows rather than company fundamentals, since GraniteShares 3x Long BNP Daily is an ETF product and has no EPS or PE reported.
3LBN.PA stock: Volume, liquidity and market cap
Trading volume was 23 versus an average volume of 441, and relative volume is 0.05, indicating extremely thin liquidity on EURONEXT; the market cap stands at EUR 197,122. Low shares outstanding (52,440) and thin turnover can produce outsized percentage moves and wide spreads, so watch execution risk.
3LBN.PA stock: Technical indicators snapshot
Key technicals show RSI 45.54, MACD -0.17 (signal -0.23, hist 0.05), ATR 0.30, and MFI 100.00, with Bollinger Bands at 4.08/3.68/3.27 (upper/middle/lower). These indicators show mixed momentum: RSI near neutral, MACD slightly negative, and an MFI suggesting strong buying on sparse volume, a combination that increases short-term volatility.
3LBN.PA stock: Structure, fundamentals and sector context
GraniteShares 3x Long BNP Daily is an ETF listed on EURONEXT (country: Europe, currency: EUR) and classified in Financial Services; the profile lists no EPS or PE and price averages 50/200 at EUR 4.81, with a 52-week high EUR 5.06 and low EUR 3.759. Compared with the Financial Services sector (YTD 2.59%), 3LBN.PA’s intraday swing is driven by product leverage and short-term flows rather than traditional bank fundamentals.
Meyka AI rates 3LBN.PA with a score out of 100
Meyka AI rates 3LBN.PA with a score out of 100: 63.11 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects EUR 7.20 (yearly), implying an upside of 91.50% vs current EUR 3.759, and forecasts are model-based projections and not guarantees.
3LBN.PA stock: Trading takeaway and realistic price targets
For short-term traders expect high volatility and erratic fills; technical targets are EUR 4.50 (near-term) and EUR 5.50 (medium term), while the model-based target is EUR 7.20 over a longer horizon. Given the product’s leverage and low liquidity, consider small position sizes, tight execution limits, and a stop-loss near EUR 3.20 to manage downside risk.
Final Thoughts
Intraday action in the 3LBN.PA stock shows how leveraged ETF mechanics and thin liquidity drive large percentage moves: the price rose 17.43% to EUR 3.759 on EURONEXT while volume stayed at 23 versus an average of 441. Technicals are mixed (RSI 45.54, MACD -0.17, MFI 100.00) and the product has no EPS or PE to anchor valuation. Meyka AI’s forecast model projects EUR 7.20, implying roughly 91.50% upside from EUR 3.759, but this is a model projection and not a guarantee. For traders the key insight is simple: the opportunity from leverage comes with elevated execution and path risk; use small sizes, strict risk rules, and monitor underlying BNP liquidity. For more details and the product specification see the GraniteShares documentation and the real-time quote image GraniteShares product list and quote image, and check the Meyka AI stock page for live updates.
FAQs
What caused the sudden rise in 3LBN.PA stock today?
The intraday rise was a product of leveraged flows into the GraniteShares 3x Long BNP Daily ETF; thin liquidity (volume 23) amplified price moves rather than any earnings or corporate news.
Is 3LBN.PA stock a buy after the intraday move?
Meyka AI gives 3LBN.PA a B grade with a HOLD suggestion; model forecasts show upside but the ETF’s leverage and low liquidity raise execution and path risk, so sizing and stops are essential.
How liquid is 3LBN.PA stock for trading?
Liquidity is low: session volume 23 vs average 441, relative volume 0.05; expect wide spreads and potential slippage on EURONEXT when trading 3LBN.PA stock.
What price targets exist for 3LBN.PA stock?
Technical targets: EUR 4.50 short-term, EUR 5.50 medium-term; Meyka AI’s model projects EUR 7.20 yearly, implying about 91.50% upside from EUR 3.759, model-based and not guaranteed.
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.