We assign a technical rating of 3 out of 10 to TSL. In the last year, TSL was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
TSL 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.
More info and screens
15.57
3 important support areas can be observed.
- A support zone ranging from 17.46 to 17.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.83 from a trend line in the daily time frame.
- A support zone ranging from 15.73 to 15.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @20.05 from a horizontal line in the weekly time frame.
- Resistance @20.38 from a horizontal line in the weekly time frame.
- Resistance @20.85 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 TSL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSL is down. |
| ChartMill Relative Strength | 53.49 | 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) | 47.13 | NEUTRAL | The RSI value for TSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests TSL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.88 | OVERSOLD | The low Stochastics value suggests TSL may be oversold. |
| Average True Range in percent/ATR (20) | 4.74 | MEDIUM VOLATILITY | The ATR as a percentage value for TSL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.11 | NEUTRAL | The ADX value for TSL suggests a possible start of a new trend. |
18.44
+0.49 (+2.7%)
GRANITESHARES 1.25 LONG TSLA / TSL FAQ
Can you provide the ChartMill technical rating for GRANITESHARES 1.25 LONG TSLA?
ChartMill assigns a technical rating of 3 / 10 to TSL.
What is the trend direction for TSL stock?
The current trend direction for GRANITESHARES 1.25 LONG TSLA (TSL) is Bullish.
Can you provide the RSI signal for GRANITESHARES 1.25 LONG TSLA?
GRANITESHARES 1.25 LONG TSLA (TSL) has an RSI value of 47.1334. This indicates that the stock is currently neutral.
What is the MACD signal for GRANITESHARES 1.25 LONG TSLA (TSL) stock?
The MACD indicator for GRANITESHARES 1.25 LONG TSLA (TSL) has a value of -0.259488, indicating a bearish trend.
What is the buy/sell signal for GRANITESHARES 1.25 LONG TSLA (TSL) stock?
The buy/sell signal for GRANITESHARES 1.25 LONG TSLA (TSL) is hold as the short term and long term trends are mixed.