DIREXION DAILY TSLA BULL 2X (TSLL) Stock Technical Analysis
NASDAQ:TSLL - Nasdaq - US25460G2865 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to TSLL. In the past year, TSLL was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
TSLL 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 TSLL is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month TSLL has a been trading in the 8.09 - 15.85 range, which is quite wide. It is currently trading near the high of this range.
TSLL has an average volume of 219770000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that TSLL is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Although TSLL has an excellent technical rating, it does not present a decent entry opportunity 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
7.79
15.58
When analyzing the support we notice one important area.
- Support @7.87 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @14.69 from a trend line in the daily time frame.
- Resistance @15.16 from a trend line in the daily time frame.
- A resistance zone ranging from 15.43 to 15.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.59
Mansfield-0.71
10 Day High15.85
10 Day Low9.99
20 Day High15.85
20 Day Low8.09
52 Week High41.5
52 Week Low6.29
Performance
1 Week-7.74%
2 Weeks44.01%
1 Month71.59%
3 Month-22.31%
6 Month-37.27%
12 Month81.08%
2 Year15.9%
3 YearN/A
5 YearN/A
10 YearN/A
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)0.38
RSI(14)61.27
LBB8.32
UBB17.11
14.07
-0.83 (-5.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.57%
1 Week-7.74%
2 Weeks44.01%
1 Month71.59%
3 Month-22.31%
6 Month-37.27%
12 Month81.08%
2 Year15.9%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%8.48%
ATR Inc5.47%
Range Today1.31
ADR(20)1.02
ADR(20)%7.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.59
Mansfield-0.71
10 Day High15.85
10 Day Low9.99
20 Day High15.85
20 Day Low8.09
52 Week High41.5
52 Week Low6.29
CS1 End7.87
CR1 Start14.69
Volume & EV
DER(3)-0.57%
DER(5)0.05%
Volume208.84M
Volume Incr7%
Vol(5)213.71M
Vol(50)219.77M