T-REX 2X LNG TESLA DLY TRGT (TSLT) Technical Analysis
NYSEARCA:TSLT • US26923N8359
Current stock price
18.27 USD
+0.86 (+4.94%)
At close:
18.27 USD
0 (0%)
After Hours:
TSLT Technical Rating and Analysis
Taking everything into account, TSLT scores 2 out of 10 in our technical rating. TSLT 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- TSLT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- TSLT has an average volume of 3296390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, TSLT turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
- In the last month TSLT has a been trading in the 13.88 - 20.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TSLT Weekly and Daily overview Charts
TSLT Setup Rating and Analysis
TSLT 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
TSLT Support and Resistance Analysis
13.86
25.62
5 important support areas can be observed.
- A support zone ranging from 18.20 to 18.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.66 to 16.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.11 from a trend line in the weekly time frame.
- Support @14.33 from a horizontal line in the daily time frame.
- Support @14.00 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 18.79 to 18.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.36 to 19.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.37 from a trend line in the weekly time frame.
TSLT Technical Indicator Signal Analysis
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 TSLT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSLT is neutral. |
| ChartMill Relative Strength | 42.51 | NEUTRAL | TSLT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TSLT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TSLT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.43 | NEUTRAL | The RSI value for TSLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests TSLT has a positive trend. |
| Stochastics (14,3) | 49.64 | NEUTRAL | The Stochastics value for TSLT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.35 | HIGH VOLATILITY | The high ATR as a percentage value for TSLT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.6 | NEGATIVE | The low ADX value for TSLT suggests a weak or negative trend. |
TSLT Chart- and CandleStick Pattern Analysis
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)
TSLT Technicals: Chart, Performance Metrics, Trend & Indicators
18.27
+0.86 (+4.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.94%
1 Week7.66%
2 Weeks-5.63%
1 Month14.69%
3 Month-23.33%
6 Month-37.41%
12 Month26.52%
2 Year74.67%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.38
ATR(20)%7.35%
ATR Inc24.26%
Range Today1.65
ADR(20)1.29
ADR(20)%7.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.51
3 months CRS11.35
6 months CRS12.26
Mansfield-2.08
10 Day High19.94
10 Day Low15.89
20 Day High20.18
20 Day Low13.88
52 Week High33.03
52 Week Low12.06
CS1 End18.22
CR1 Start18.79
Volume & EV
DER(3)1.01%
DER(5)2.76%
Volume2.93M
Volume Incr-34.04%
Vol(5)2.43M
Vol(50)3.30M
T-REX 2X LNG TESLA DLY TRGT / TSLT TA FAQ
What is the technical rating for TSLT stock?
ChartMill assigns a technical rating of 2 / 10 to TSLT.
What is the trend direction for TSLT stock?
The current trend direction for T-REX 2X LNG TESLA DLY TRGT (TSLT) is Bearish.
Can you provide the RSI signal for T-REX 2X LNG TESLA DLY TRGT?
T-REX 2X LNG TESLA DLY TRGT (TSLT) has an RSI value of 54.4293. This indicates that the stock is currently neutral.
Can you provide the MACD signal for T-REX 2X LNG TESLA DLY TRGT?
The MACD indicator for T-REX 2X LNG TESLA DLY TRGT (TSLT) has a value of 0.183542, indicating a bearish trend.