Taking everything into account, TSII scores 0 out of 10 in our technical rating. TSII'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.
- When comparing the yearly performance of all stocks, TSII is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month TSII has a been trading in the 20.75 - 25.50 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of TSII 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
21.98
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 23.02 to 23.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 24.99 to 25.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.69 to 26.99. 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 | NEUTRAL | NEUTRAL | The long term trend for TSII is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSII is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | TSII has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSII is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSII is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 37.47 | NEUTRAL | The RSI value for TSII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests TSII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.02 | NEUTRAL | The Stochastics value for TSII is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for TSII suggests some volalility. |
| Average Directional Index/ADX (14) | 37.71 | POSITIVE | The high ADX value value for TSII suggests a strong trend. |
22.2
+0.79 (+3.69%)
REX TSLA GROWTH & INCOME ETF / TSII FAQ
What is the technical rating for TSII stock?
ChartMill assigns a technical rating of 0 / 10 to TSII.
What is the trend direction for TSII stock?
The current trend direction for REX TSLA GROWTH & INCOME ETF (TSII) is Bearish.
Can you provide the RSI signal for REX TSLA GROWTH & INCOME ETF?
REX TSLA GROWTH & INCOME ETF (TSII) has an RSI value of 37.4701. This indicates that the stock is currently neutral.
Can you provide the short term momentum for REX TSLA GROWTH & INCOME ETF?
The short term momentum for REX TSLA GROWTH & INCOME ETF (TSII) is negative.
What is the support and resistance level for TSII stock?
REX TSLA GROWTH & INCOME ETF (TSII) has a resistance level at 23.02. Check the full technical report for our detailed analysis of TSII support and resistance levels.