Taking everything into account, TSL scores 1 out of 10 in our technical rating. TSL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, TSL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
10.55
4 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
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 is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSL is down. |
| ChartMill Relative Strength | 63.49 | NEUTRAL | TSL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TSL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.57 | NEUTRAL | The RSI value for TSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TSL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.71 | NEUTRAL | The Stochastics value for TSL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for TSL suggests some volalility. |
| Average Directional Index/ADX (14) | 26.67 | POSITIVE | The high ADX value value for TSL suggests a strong trend. |
17.35
+0.41 (+2.42%)
ChartMill assigns a technical rating of 1 / 10 to TSL.
The current trend direction for GRANITESHARES 1.25 LONG TSLA (TSL) is Bearish.
GRANITESHARES 1.25 LONG TSLA (TSL) has an RSI value of 47.57. This indicates that the stock is currently neutral.
The MACD indicator for GRANITESHARES 1.25 LONG TSLA (TSL) has a value of -0.0291413, indicating a bearish trend.