TREE ISLAND STEEL LTD (TSL.CA) Stock Technical Analysis
TSX:TSL - Toronto Stock Exchange - CA89467Q2009 - Common Stock - Currency: CAD
Overall TSL gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. TSL was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, TSL is a bad performer in the overall market: 75% of all stocks are doing better.
Warning: TSL has an average volume of 8372 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
TSL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TSL is an average performer in the Metals & Mining industry, it outperforms 41% of 802 stocks in the same industry.
TSL is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, TSL does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
2.42
3.00
We found 3 important support areas.
- A support zone ranging from 2.66 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.49 to 2.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.44 to 2.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.74 to 2.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.97 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.93
Mansfield-0.36
10 Day High2.83
10 Day Low2.5
20 Day High2.86
20 Day Low2.45
52 Week High3.25
52 Week Low2.45
Performance
1 Week-1.09%
2 Weeks9.2%
1 Month8.76%
3 Month-9%
6 Month-8.7%
12 Month-11.36%
2 Year-18.51%
3 Year-39.33%
5 Year51.67%
10 Year19.74%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)58.94
LBB2.42
UBB2.84
TSX:TSL (5/7/2025, 7:00:00 PM)
2.73
-0.02 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.73%
1 Week-1.09%
2 Weeks9.2%
1 Month8.76%
3 Month-9%
6 Month-8.7%
12 Month-11.36%
2 Year-18.51%
3 Year-39.33%
5 Year51.67%
10 Year19.74%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%2.69%
ATR Inc9.56%
Range Today0.06
ADR(20)0.06
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.93
Mansfield-0.36
10 Day High2.83
10 Day Low2.5
20 Day High2.86
20 Day Low2.45
52 Week High3.25
52 Week Low2.45
CS1 End2.69
CR1 Start2.74
Volume & EV
DER(3)-0.35%
DER(5)-1.51%
Volume7.05K
Volume Incr516.24%
Vol(5)24.87K
Vol(50)8.37K