DIRX DLY TSLA BUL 2X ETF-AUI (TSLL) Technical Analysis
NASDAQ:TSLL • US25460G2865
We assign a technical rating of 1 out of 10 to TSLL. TSLL 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month TSLL has a been trading in the 13.45 - 17.43 range, which is quite wide. It is currently trading near the lows of this range.
- TSLL has an average volume of 70318600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, TSLL outperforms 45% of them, which is more or less in line with the market.
- TSLL is currently trading in the middle 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 slightly.
Although the technical rating is bad, TSLL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.20, a Stop Loss order could be placed below this zone.
More info and screens
9.43
We found 2 important support areas.
- A support zone ranging from 13.95 to 14.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.53 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 14.77 to 14.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 15.85 to 15.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.79 from a trend line in the weekly time frame.
- Resistance @22.50 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 | DOWN | NEGATIVE | The long term trend for TSLL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSLL is down. |
| ChartMill Relative Strength | 45.12 | NEUTRAL | TSLL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSLL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSLL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TSLL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.67 | NEUTRAL | The RSI value for TSLL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TSLL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.89 | NEUTRAL | The Stochastics value for TSLL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.19 | HIGH VOLATILITY | The high ATR as a percentage value for TSLL suggests high volalility. |
| Average Directional Index/ADX (14) | 27.5 | POSITIVE | The high ADX value value for TSLL suggests a strong trend. |
TSLL Technicals: Chart, Performance Metrics, Trend & Indicators
14.35
+0.14 (+0.99%)
DIRX DLY TSLA BUL 2X ETF-AUI / TSLL FAQ
What is the technical rating for TSLL stock?
ChartMill assigns a technical rating of 1 / 10 to TSLL.
Can you provide the trend direction for DIRX DLY TSLA BUL 2X ETF-AUI?
The current trend direction for DIRX DLY TSLA BUL 2X ETF-AUI (TSLL) is Bearish.
What is the RSI signal for DIRX DLY TSLA BUL 2X ETF-AUI (TSLL) stock?
DIRX DLY TSLA BUL 2X ETF-AUI (TSLL) has an RSI value of 39.6651. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DIRX DLY TSLA BUL 2X ETF-AUI?
The short term momentum for DIRX DLY TSLA BUL 2X ETF-AUI (TSLL) is negative.
Can you provide the support and resistance levels for DIRX DLY TSLA BUL 2X ETF-AUI?
DIRX DLY TSLA BUL 2X ETF-AUI (TSLL) has a support level at 14.2 and a resistance level at 14.77. Check the full technical report for our detailed analysis of TSLL support and resistance levels.