3TSM.AS up 12.05% to €8.94 on 02 Jan 2026: top gainer technical outlook
The leveraged ETP 3TSM.AS (Leverage Shares 3x Long Taiwan Semiconductor) jumped 12.05% to €8.94 on EURONEXT on 02 Jan 2026, making it one of today’s top gainers. The move followed broad strength in semiconductor-related names across Europe and positive analyst chatter about chip cyclical recovery. Today’s advance left the ETP above its 50-day average of €7.59 and highlighted short-term momentum, but thin liquidity and the product’s 3x leverage make intraday risk and tracking error key issues for investors.
What moved the price today
3TSM.AS rose €0.96 (12.05%) to close at €8.94 on EURONEXT on 02 Jan 2026. Traders pointed to renewed appetite for Taiwan Semiconductor exposure after sector headlines and a stronger technology sector YTD performance of 16.44% in Europe. The ETP’s triple-leveraged structure amplified the move in underlying Taiwan Semiconductor directional sentiment.
Intraday levels, liquidity and market stats
The ETP opened at €8.71 and printed a day high and low of €8.71 according to marketplace data, with a close at €8.94. Market cap stands at €10,020,284.00 and shares outstanding are 1,250,519.00. Volume today was 1.00 versus an average volume of 2,431.00, underlining low liquidity and potential execution risk for larger orders.
Technical signals and Meyka AI grade
Technically the ETP shows mild bullish momentum: RSI 56.18, MACD histogram +0.07 and Bollinger band middle at €7.50 with upper band at €8.61. ADX 12.01 indicates no strong trend. Meyka AI rates 3TSM.AS with a score of 63.50 out of 100 — Grade: B — Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Grades are model outputs and are not financial advice.
Risk profile and suitability
3TSM.AS is a 3x leveraged ETP tied to Taiwan Semiconductor exposure and carries elevated risk. There is no EPS or PE data for the ETP itself. Key risks include leverage decay on volatile days, tracking error to the underlying, and very low trading volume today which raises liquidity and market-impact concerns for larger positions.
Sector context and comparative performance
The ETP moves with the broader technology and semiconductor complex where top European listings have seen mixed flows. Technology sector momentum supports leveraged exposure when directional conviction is high, but relative volatility is higher than sector averages (sector 1D performance +1.25%). Investors should weigh the potential gains against the sector’s higher beta profile.
Analyst view and price targets
Meyka AI’s forecast model projects short and long-term levels for 3TSM.AS. The model projects a monthly figure of €7.65 (implied -14.44% vs current €8.94), a quarterly €6.69 (implied -25.17%), and a 12-month €8.42 (implied -5.79%). Longer-term projections show a 3-year figure of €12.20 (implied +36.47%), a 5-year €15.98 (implied +78.70%), and a 7-year €19.75 (implied +120.96%). Forecasts are model-based projections and not guarantees.
Final Thoughts
3TSM.AS (Leverage Shares 3x Long Taiwan Semiconductor) finished as a top gainer on EURONEXT on 02 Jan 2026, up 12.05% to €8.94 after broad semiconductor sector strength. The move pushed the ETP above its 50-day average of €7.59 and produced neutral-to-mildly bullish technical signals (RSI 56.18, MACD hist +0.07). Liquidity remains a practical constraint: today’s volume was 1.00 against a 50-day average of 2,431.00, raising execution risk for sizeable trades. Meyka AI rates the ETP B (score 63.50) with a HOLD suggestion; this score integrates sector comparison, forecast outputs and technicals but is not personal financial advice. For outlook, short-term model projections imply downside to monthly (€7.65, -14.44%) and quarterly (€6.69, -25.17%) targets, while a three-year view shows an implied upside to €12.20 (+36.47%). Investors should treat 3TSM.AS as a high-volatility trading tool rather than a buy-and-hold vehicle, and use strict risk controls and position sizing if adding exposure. Meyka AI’s trading tools and grade help frame the signal, but forecasts are model outputs and not guarantees.
FAQs
3TSM.AS is a 3x long ETP designed to provide triple the daily return of the Taiwan Semiconductor reference. Leverage resets daily, which can lead to path-dependent returns and compound losses in volatile markets. It is intended for short-term trading, not long-term buy-and-hold.
Liquidity is limited. Today’s volume was 1.00 with an average of 2,431.00 shares. Large orders may face significant market impact and slippage. Use limit orders and check market depth before executing sizeable trades.
Watch the 50-day average at €7.59 and the Bollinger band upper at €8.61. RSI near 56.18 is neutral. A sustained move above €8.61 would reinforce short-term momentum; failure to hold €7.50 could signal consolidation.
Meyka AI’s forecast model projects €8.42 in 12 months (implied -5.79% vs current €8.94) and €12.20 over 3 years (implied +36.47%). These are model-driven projections and not guarantees; use them with risk management.
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.
