LEVERAGESHARES 2X TESLA ETP (2TSL.AS) Stock Technical Analysis
Europe - AMS:2TSL - IE00BK5BZY66 - ETF
138.973 EUR
+17.97 (+14.85%)
We assign a technical rating of 7 out of 10 to 2TSL. Although 2TSL has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
2TSL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: 2TSL has an average volume of 84 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month 2TSL has a been trading in the 90.10 - 138.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that 2TSL is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although 2TSL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
61.28
140.36
We found 5 important support areas.
- Support @104.56 from a trend line in the daily time frame.
- Support @91.31 from a trend line in the weekly time frame.
- Support @84.70 from a trend line in the weekly time frame.
- Support @72.81 from a horizontal line in the weekly time frame.
- Support @61.90 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for 2TSL.AS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 2TSL.AS is up. |
| ChartMill Relative Strength | 91.42 | POSITIVE | 2TSL.AS has a high relative strength, it outperformed 91.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 2TSL.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 2TSL.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 2TSL.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.02 | NEUTRAL | The RSI value for 2TSL.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.92 | POSITIVE | The MACD value suggests 2TSL.AS has a positive trend. |
| Stochastics (14,3) | 98.76 | OVERBOUGHT | The high Stochastics value suggests 2TSL.AS may be overbought. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for 2TSL.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 10.63 | NEGATIVE | The low ADX value for 2TSL.AS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
AMS:2TSL (9/12/2025, 7:00:00 PM)
138.973
+17.97 (+14.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg14.85%
1 Week23.88%
2 Weeks23.1%
1 Month46.16%
3 Month-2.11%
6 Month-22.1%
12 Month78.17%
2 Year-14.69%
3 Year-57.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.01
ATR(20)%3.46%
ATR Inc280.45%
Range Today11.29
ADR(20)2.85
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.42
Mansfield-0.47
10 Day High138
10 Day Low102.97
20 Day High138
20 Day Low90.1
52 Week High364.01
52 Week Low58
CS1 End104.56
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume205
Volume Incr111.36%
Vol(5)167.4
Vol(50)84.6