We assign a technical rating of 2 out of 10 to TSII. In the last year, TSII was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
TSII has a poor technical rating and the quality of the setup is also not perfect 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.
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23.84
When analyzing the support we notice one important area.
- A support zone ranging from 24.08 to 24.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @25.86 from a horizontal line in the daily time frame.
- Resistance @29.31 from a horizontal line in the weekly time frame.
- Resistance @29.90 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 | UP | POSITIVE | The long term trend for TSII is up. |
| 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) | 45.29 | NEUTRAL | The RSI value for TSII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests TSII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.09 | NEUTRAL | The Stochastics value for TSII is a neutral value. |
| Average True Range in percent/ATR (20) | 5.42 | HIGH VOLATILITY | The high ATR as a percentage value for TSII suggests high volalility. |
| Average Directional Index/ADX (14) | 23.47 | NEUTRAL | The ADX value for TSII suggests a possible start of a new trend. |
25.85
+0.31 (+1.21%)
REX TSLA GROWTH & INCOME ETF / TSII FAQ
What is the technical rating for TSII stock?
ChartMill assigns a technical rating of 2 / 10 to TSII.
Can you provide the trend direction for REX TSLA GROWTH & INCOME ETF?
The current trend direction for REX TSLA GROWTH & INCOME ETF (TSII) is Bullish.
What is the RSI signal for TSII stock?
REX TSLA GROWTH & INCOME ETF (TSII) has an RSI value of 45.2873. This indicates that the stock is currently neutral.
What is the MACD signal for REX TSLA GROWTH & INCOME ETF (TSII) stock?
The MACD indicator for REX TSLA GROWTH & INCOME ETF (TSII) has a value of -0.134764, indicating a bearish trend.
Can you provide the support and resistance levels for REX TSLA GROWTH & INCOME ETF?
REX TSLA GROWTH & INCOME ETF (TSII) has a support level at 24.14 and a resistance level at 25.86. Check the full technical report for our detailed analysis of TSII support and resistance levels.