TREE ISLAND STEEL LTD (TSL.CA) Technical Analysis
TSX:TSL • CA89467Q2009
Current stock price
2.58 CAD
+0.04 (+1.57%)
Last:
TSL.CA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TSL. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 82% of all other stocks performed better in the past year than TSL.
- TSL is one of the lesser performing stocks in the Metals & Mining industry. 79% of 795 stocks in the same industry do better.
- TSL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TSL is lagging the market.
- Warning: TSL has an average volume of 3462 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month TSL has a been trading in the 2.45 - 2.70 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Considerably lower volume is observed in the last couple of days.
TSL.CA Weekly and Daily overview Charts
TSL.CA Setup Rating and Analysis
TSL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for TSL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
TSL.CA Support and Resistance Analysis
2.40
3.21
We found 3 important support areas.
- A support zone ranging from 2.57 to 2.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.48 from a horizontal line in the daily time frame.
- 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.60 to 2.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.70 to 2.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.80 to 2.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @3.18 from a horizontal line in the weekly time frame.
TSL.CA Technical Indicator Signal Analysis
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 TSL.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSL.CA is down. |
| ChartMill Relative Strength | 18.49 | NEGATIVE | TSL.CA has a low relative strength, it was outperformed by 81.51% 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) | 46.9 | NEUTRAL | The RSI value for TSL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TSL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.11 | NEUTRAL | The Stochastics value for TSL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for TSL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.81 | NEGATIVE | The low ADX value for TSL.CA suggests a weak or negative trend. |
TSL.CA Chart- and CandleStick Pattern Analysis
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)
TSL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TSL (4/2/2026, 7:00:00 PM)
2.58
+0.04 (+1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.57%
1 Week1.18%
2 Weeks0%
1 Month-3.01%
3 Month-9.79%
6 Month-4.44%
12 Month1.98%
2 Year-18.35%
3 Year-15.69%
5 Year-25.43%
10 Year-22.52%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%2.32%
ATR Inc-11.95%
Range Today0.01
ADR(20)0.05
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.49
3 months CRS22.38
6 months CRS28.81
Mansfield-0.45
10 Day High2.63
10 Day Low2.54
20 Day High2.7
20 Day Low2.45
52 Week High3.11
52 Week Low2.37
CS1 End2.58
CR1 Start2.6
Volume & EV
DER(3)287.01%
DER(5)197.9%
Volume211
Volume Incr-63.61%
Vol(5)1.47K
Vol(50)3.46K
TREE ISLAND STEEL LTD / TSL.CA TA FAQ
Can you provide the ChartMill technical rating for TREE ISLAND STEEL LTD?
ChartMill assigns a technical rating of 0 / 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.
What is the RSI signal for TSL stock?
TREE ISLAND STEEL LTD (TSL.CA) has an RSI value of 46.8987. This indicates that the stock is currently neutral.
What is the short term momentum for TSL stock?
The short term momentum for TREE ISLAND STEEL LTD (TSL.CA) is negative.
Can you provide the support and resistance levels for TREE ISLAND STEEL LTD?
TREE ISLAND STEEL LTD (TSL.CA) has a support level at 2.58 and a resistance level at 2.6. Check the full technical report for our detailed analysis of TSL.CA support and resistance levels.