We assign a technical rating of 1 out of 10 to TSDD. TSDD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 92% of all other stocks performed better in the past year than TSDD.
- TSDD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TSDD has a been trading in the 7.40 - 8.82 range, which is quite wide. It is currently trading near the high of this range.
- TSDD has an average volume of 23510800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of TSDD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.48
When analyzing the support we notice one important area.
- A support zone ranging from 7.56 to 7.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.76 to 8.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for TSDD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSDD is neutral. |
| ChartMill Relative Strength | 8.59 | NEGATIVE | TSDD has a low relative strength, it was outperformed by 91.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSDD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TSDD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TSDD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.72 | NEUTRAL | The RSI value for TSDD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests TSDD has a positive trend. |
| Stochastics (14,3) | 67.78 | NEUTRAL | The Stochastics value for TSDD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for TSDD suggests high volalility. |
| Average Directional Index/ADX (14) | 14.21 | NEGATIVE | The low ADX value for TSDD suggests a weak or negative trend. |
8.75
+0.55 (+6.71%)
GRANITESH 2X SHT TSLA ETF / TSDD FAQ
Can you provide the ChartMill technical rating for GRANITESH 2X SHT TSLA ETF?
ChartMill assigns a technical rating of 1 / 10 to TSDD.
Can you provide the trend direction for GRANITESH 2X SHT TSLA ETF?
The current trend direction for GRANITESH 2X SHT TSLA ETF (TSDD) is Bearish.
What is the RSI signal for TSDD stock?
GRANITESH 2X SHT TSLA ETF (TSDD) has an RSI value of 57.7226. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GRANITESH 2X SHT TSLA ETF?
The short term momentum for GRANITESH 2X SHT TSLA ETF (TSDD) is neutral.