THL Credit Senior Loan Fund (TSLF) Stock Technical Analysis
USA - NYSE:TSLF -
Taking everything into account, TSLF scores 0 out of 10 in our technical rating. TSLF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TSLF 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. There is a support zone below the current price at 11.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TSLF in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- 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
11.49
When analyzing the support we notice one important area.
- A support zone ranging from 11.61 to 11.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.44 to 12.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.38 to 15.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TSLF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSLF is neutral. |
| ChartMill Relative Strength | 25.85 | NEGATIVE | TSLF has a low relative strength, it was outperformed by 74.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TSLF is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TSLF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TSLF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.04 | NEUTRAL | The RSI value for TSLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TSLF has a positive trend. |
| Stochastics (14,3) | 43.43 | NEUTRAL | The Stochastics value for TSLF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for TSLF suggests low volalility. |
NYSE:TSLF (5/20/2020, 8:04:03 PM)
11.97
+0.11 (+0.93%)
THL Credit Senior Loan Fund / TSLF FAQ
Can you provide the ChartMill technical rating for THL Credit Senior Loan Fund?
ChartMill assigns a technical rating of 0 / 10 to TSLF.
What is the trend direction for TSLF stock?
The current trend direction for THL Credit Senior Loan Fund (TSLF) is Bearish.
What is the RSI signal for TSLF stock?
THL Credit Senior Loan Fund (TSLF) has an RSI value of 51.0424. This indicates that the stock is currently neutral.
Can you provide the short term momentum for THL Credit Senior Loan Fund?
The short term momentum for THL Credit Senior Loan Fund (TSLF) is neutral.