SIXTH STREET SPECIALTY LENDI (TSLX) Technical Analysis
NYSE:TSLX • US83012A1097
Overall TSLX gets a technical rating of 0 out of 10. TSLX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, TSLX is a bad performer in the overall market: 83% of all stocks are doing better.
- TSLX is one of the lesser performing stocks in the Capital Markets industry. 62% of 242 stocks in the same industry do better.
- TSLX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TSLX is lagging the market.
- TSLX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- TSLX has an average volume of 1025270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, TSLX does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for TSLX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
17.86
3 important resistance areas can be observed.
- A resistance zone ranging from 18.13 to 18.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.73 from a trend line 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 | DOWN | NEGATIVE | The long term trend for TSLX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSLX is down. |
| ChartMill Relative Strength | 17.49 | NEGATIVE | TSLX has a low relative strength, it was outperformed by 82.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSLX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSLX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TSLX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.33 | NEUTRAL | The RSI value for TSLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests TSLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.09 | NEUTRAL | The Stochastics value for TSLX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for TSLX suggests some volalility. |
| Average Directional Index/ADX (14) | 43.72 | POSITIVE | The high ADX value value for TSLX suggests a strong trend. |
TSLX Technicals: Chart, Performance Metrics, Trend & Indicators
18.04
-0.35 (-1.9%)
SIXTH STREET SPECIALTY LENDI / TSLX FAQ
Can you provide the ChartMill technical rating for SIXTH STREET SPECIALTY LENDI?
ChartMill assigns a technical rating of 0 / 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 36.3281. 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 0.127221, indicating a bearish trend.
Can you provide the support and resistance levels for SIXTH STREET SPECIALTY LENDI?
SIXTH STREET SPECIALTY LENDI (TSLX) has a resistance level at 18.13. Check the full technical report for our detailed analysis of TSLX support and resistance levels.