DIREXION DAILY TSLA BULL 2X (TSLL) Stock Technical Analysis
NASDAQ:TSLL • US25460G2865
Taking everything into account, TSLL scores 0 out of 10 in our technical rating. TSLL'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.
- When comparing the yearly performance of all stocks, TSLL is a bad performer in the overall market: 80% of all stocks are doing better.
- TSLL has an average volume of 77674500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- TSLL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TSLL is lagging the market.
- In the last month TSLL has a been trading in the 13.80 - 19.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TSLL has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
9.32
3 important support areas can be observed.
- Support @15.49 from a horizontal line in the weekly time frame.
- A support zone ranging from 14.49 to 14.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.41 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 16.67 to 16.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @20.42 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 | NEUTRAL | NEUTRAL | The long term trend for TSLL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSLL is down. |
| ChartMill Relative Strength | 20.74 | NEGATIVE | TSLL has a low relative strength, it was outperformed by 79.26% off all stocks 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) | UP | MIXED | The current price of TSLL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.25 | NEUTRAL | The RSI value for TSLL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TSLL has a positive trend. |
| Stochastics (14,3) | 51.5 | NEUTRAL | The Stochastics value for TSLL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.92 | HIGH VOLATILITY | The high ATR as a percentage value for TSLL suggests high volalility. |
| Average Directional Index/ADX (14) | 25.75 | POSITIVE | The high ADX value value for TSLL suggests a strong trend. |
15.93
+0.04 (+0.25%)
DIREXION DAILY TSLA BULL 2X / 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 DIREXION DAILY TSLA BULL 2X?
The current trend direction for DIREXION DAILY TSLA BULL 2X (TSLL) is Bearish.
What is the RSI signal for DIREXION DAILY TSLA BULL 2X (TSLL) stock?
DIREXION DAILY TSLA BULL 2X (TSLL) has an RSI value of 43.2511. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DIREXION DAILY TSLA BULL 2X?
The short term momentum for DIREXION DAILY TSLA BULL 2X (TSLL) is negative.
Can you provide the support and resistance levels for DIREXION DAILY TSLA BULL 2X?
DIREXION DAILY TSLA BULL 2X (TSLL) has a support level at 15.49 and a resistance level at 16.78. Check the full technical report for our detailed analysis of TSLL support and resistance levels.