LEVERAGESHARES 2X TESLA ETP (2TSL.AS) Stock Technical Analysis
Europe - AMS:2TSL - IE00BK5BZY66 - ETF
Taking everything into account, 2TSL scores 7 out of 10 in our technical rating. In the last year, 2TSL was one of the better performers, but we do observe some doubts in the very recent evolution.
Although 2TSL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
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72.08
When analyzing the support we can see 4 important areas.
- Support @132.04 from a trend line in the daily time frame.
- Support @98.69 from a trend line in the weekly time frame.
- Support @89.57 from a trend line in the weekly time frame.
- Support @72.81 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 142.34 to 144.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @185.67 from a trend 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 | UP | POSITIVE | The long term trend for 2TSL.AS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 2TSL.AS is down. |
| ChartMill Relative Strength | 97.61 | POSITIVE | 2TSL.AS has a high relative strength, it outperformed 97.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 2TSL.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of 2TSL.AS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of 2TSL.AS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.1 | NEUTRAL | The RSI value for 2TSL.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.84 | NEGATIVE | The MACD value suggests 2TSL.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.43 | NEUTRAL | The Stochastics value for 2TSL.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.32 | HIGH VOLATILITY | The high ATR as a percentage value for 2TSL.AS suggests high volalility. |
| Average Directional Index/ADX (14) | 21.51 | NEUTRAL | The ADX value for 2TSL.AS suggests a possible start of a new trend. |
AMS:2TSL (11/21/2025, 7:00:00 PM)
133.451
-8.9 (-6.25%)
LEVERAGESHARES 2X TESLA ETP / 2TSL.AS FAQ
Can you provide the ChartMill technical rating for LEVERAGESHARES 2X TESLA ETP?
ChartMill assigns a technical rating of 7 / 10 to 2TSL.AS.
What is the current trend direction of LEVERAGESHARES 2X TESLA ETP (2TSL.AS) stock?
The current trend direction for LEVERAGESHARES 2X TESLA ETP (2TSL.AS) is Bullish.
What is the RSI signal for LEVERAGESHARES 2X TESLA ETP (2TSL.AS) stock?
LEVERAGESHARES 2X TESLA ETP (2TSL.AS) has an RSI value of 47.1025. This indicates that the stock is currently neutral.
What is the short term momentum for 2TSL stock?
The short term momentum for LEVERAGESHARES 2X TESLA ETP (2TSL.AS) is negative.
What are the support and resistance levels for LEVERAGESHARES 2X TESLA ETP (2TSL.AS) stock?
LEVERAGESHARES 2X TESLA ETP (2TSL.AS) has a support level at 144.65 and a resistance level at 185.67. Check the full technical report for our detailed analysis of 2TSL.AS support and resistance levels.