TREE ISLAND STEEL LTD (TSL.CA) Stock Technical Analysis
TSX:TSL • CA89467Q2009
2.61 CAD
0 (0%)
Last: Feb 12, 2026, 07:00 PM
Taking everything into account, TSL scores 1 out of 10 in our technical rating. TSL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 85% of all other stocks performed better in the past year than TSL.
- TSL is part of the Metals & Mining industry. There are 812 other stocks in this industry, of which 84% are performing better than TSL.
- Warning: TSL has an average volume of 4027 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- TSL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TSL is lagging the market.
- In the last month TSL has a been trading in the 2.54 - 2.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, TSL does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for TSL in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.40
3.21
When analyzing the support we notice one important area.
- A support zone ranging from 2.42 to 2.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.66 to 2.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.78 to 2.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.07 from a trend line in the weekly time frame.
- Resistance @3.18 from a horizontal line in the weekly 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 TSL.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSL.CA is neutral. |
| ChartMill Relative Strength | 15.1 | NEGATIVE | TSL.CA has a low relative strength, it was outperformed by 84.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSL.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSL.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TSL.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.25 | NEUTRAL | The RSI value for TSL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TSL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52 | NEUTRAL | The Stochastics value for TSL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for TSL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.34 | NEUTRAL | The ADX value for TSL.CA suggests a possible start of a new 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)
TSX:TSL (2/12/2026, 7:00:00 PM)
2.61
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-1.51%
2 Weeks-1.51%
1 Month-0.76%
3 Month-4.4%
6 Month4.4%
12 Month-11.53%
2 Year-23.68%
3 Year-25.64%
5 Year6.53%
10 Year-18.18%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%2.31%
ATR Inc170.35%
Range Today0.03
ADR(20)0.05
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.1
3 months CRS19.41
6 months CRS42.77
Mansfield-1.02
10 Day High2.79
10 Day Low2.54
20 Day High2.79
20 Day Low2.54
52 Week High3.11
52 Week Low2.37
CS1 End2.44
CR1 Start2.66
Volume & EV
DER(3)14.52%
DER(5)-5.13%
Volume2.74K
Volume Incr103.7%
Vol(5)7.03K
Vol(50)4.03K
TREE ISLAND STEEL LTD / TSL.CA FAQ
Can you provide the ChartMill technical rating for TREE ISLAND STEEL LTD?
ChartMill assigns a technical rating of 1 / 10 to TSL.CA.
What is the trend direction for TSL stock?
The current trend direction for TREE ISLAND STEEL LTD (TSL.CA) is Bearish.
Can you provide the RSI signal for TREE ISLAND STEEL LTD?
TREE ISLAND STEEL LTD (TSL.CA) has an RSI value of 42.2477. This indicates that the stock is currently neutral.
What is the MACD signal for TREE ISLAND STEEL LTD (TSL.CA) stock?
The MACD indicator for TREE ISLAND STEEL LTD (TSL.CA) has a value of 0.00517712, indicating a bearish trend.