T-REX 2X LNG TESLA DLY TRGT (TSLT) Stock Technical Analysis
USA - NYSEARCA:TSLT - US26923N8359 - ETF
25.6 USD
-1.41 (-5.22%)
Overall TSLT gets a technical rating of 9 out of 10. Both in the recent history as in the last year, TSLT has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month TSLT has a been trading in the 24.17 - 32.12 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, TSLT did better than 95% of all other stocks.
TSLT has an average volume of 4829050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TSLT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TSLT is lagging the market.
Besides having an excellent technical rating, TSLT also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
13.10
30.44
When analyzing the support we can see 5 important areas.
- A support zone ranging from 24.41 to 24.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.29 from a trend line in the daily time frame.
- Support @17.34 from a trend line in the daily time frame.
- Support @16.58 from a trend line in the weekly time frame.
- Support @13.23 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 26.89 to 27.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.17 from a horizontal line in the weekly time frame.
- Resistance @30.14 from a trend 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 | UP | POSITIVE | The long term trend for TSLT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSLT is neutral. |
| ChartMill Relative Strength | 95.23 | POSITIVE | TSLT has a high relative strength, it outperformed 95.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TSLT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSLT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TSLT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.46 | NEUTRAL | The RSI value for TSLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests TSLT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.13 | NEUTRAL | The Stochastics value for TSLT is a neutral value. |
| Average True Range in percent/ATR (20) | 9.18 | HIGH VOLATILITY | The high ATR as a percentage value for TSLT suggests high volalility. |
| Average Directional Index/ADX (14) | 33.12 | POSITIVE | The high ADX value value for TSLT suggests a strong trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.18 | 26.88 | 1.30 (4.61%) | 21.68% |
| An entry @28.18. This is a Buy Stop order right above the resistance zone. | An exit @26.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.30 points, which is 4.61%. | For a 1.00% total portfolio risk, you can invest 21.68% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TSLT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:TSLT (10/14/2025, 9:31:07 AM)
25.6
-1.41 (-5.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.22%
1 Week-8.66%
2 Weeks-5.39%
1 Month9.13%
3 Month59.82%
6 Month157.73%
12 Month105.56%
2 Year60.77%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.7
ATR(20)%9.18%
ATR Inc32.02%
Range Today0.3
ADR(20)2.26
ADR(20)%8.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.23
Mansfield0.87
10 Day High32.12
10 Day Low24.17
20 Day High32.12
20 Day Low24.17
52 Week High56.9
52 Week Low8.62
CS1 End26.89
CR1 Start28.17
Volume & EV
DER(3)0.3%
DER(5)-1.53%
Volume508.77K
Volume Incr31.26%
Vol(5)6.59M
Vol(50)4.83M