SIXTH STREET SPECIALTY LENDI (TSLX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TSLX - US83012A1097 - Common Stock
We assign a technical rating of 3 out of 10 to TSLX. In the past year, TSLX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 69% of all other stocks performed better in the past year than TSLX.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- TSLX is an average performer in the Capital Markets industry, it outperforms 50% of 237 stocks in the same industry.
- TSLX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TSLX is lagging the market.
- In the last month TSLX has a been trading in the 21.11 - 22.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TSLX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.08, a Stop Loss order could be placed below this zone.
More info and screens
19.58
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.27 to 22.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.26 to 20.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.78 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.23 to 22.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @22.89 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 TSLX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSLX is neutral. |
| ChartMill Relative Strength | 31.77 | NEUTRAL | TSLX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSLX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSLX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TSLX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.23 | NEUTRAL | The RSI value for TSLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TSLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.97 | NEUTRAL | The Stochastics value for TSLX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for TSLX suggests some volalility. |
| Average Directional Index/ADX (14) | 10.84 | NEGATIVE | The low ADX value for TSLX suggests a weak or negative trend. |
22.14
+0.02 (+0.09%)
SIXTH STREET SPECIALTY LENDI / TSLX FAQ
Can you provide the ChartMill technical rating for SIXTH STREET SPECIALTY LENDI?
ChartMill assigns a technical rating of 3 / 10 to TSLX.
What is the trend direction for TSLX stock?
The current trend direction for SIXTH STREET SPECIALTY LENDI (TSLX) is Bearish.
What is the RSI signal for TSLX stock?
SIXTH STREET SPECIALTY LENDI (TSLX) has an RSI value of 52.229. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SIXTH STREET SPECIALTY LENDI?
The MACD indicator for SIXTH STREET SPECIALTY LENDI (TSLX) has a value of 0.0107644, indicating a bearish trend.
Can you provide the support and resistance levels for SIXTH STREET SPECIALTY LENDI?
SIXTH STREET SPECIALTY LENDI (TSLX) has a support level at 22.08 and a resistance level at 22.23. Check the full technical report for our detailed analysis of TSLX support and resistance levels.