SIXTH STREET SPECIALTY LENDI (TSLX) Stock Technical Analysis
NYSE:TSLX - New York Stock Exchange, Inc. - US83012A1097 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to TSLX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TSLX is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
TSLX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TSLX has a been trading in the 22.76 - 25.16 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that TSLX is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this relatively good performance is mostly due to a recent big move.
TSLX is an average performer in the Capital Markets industry, it outperforms 68% of 234 stocks in the same industry.
Although TSLX has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.06
25.05
4 important support areas can be observed.
- A support zone ranging from 23.99 to 24.03. 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 23.16 to 23.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.48 from a horizontal line in the daily time frame.
- Support @20.26 from a horizontal line in the weekly 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 TSLX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TSLX is up. |
| ChartMill Relative Strength | 75.82 | POSITIVE | TSLX has a high relative strength, it outperformed 75.82% off all stocks 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 | POSITIVE | The current price of TSLX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.46 | NEUTRAL | The RSI value for TSLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TSLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.33 | OVERBOUGHT | The high Stochastics value suggests TSLX may be overbought. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for TSLX suggests low volalility. |
| Average Directional Index/ADX (14) | 33.81 | POSITIVE | The high ADX value value for TSLX 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)
24.8
-0.3 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.2%
1 Week1.93%
2 Weeks1.76%
1 Month7.55%
3 Month21.39%
6 Month14.55%
12 Month16.65%
2 Year24.69%
3 Year28.9%
5 Year45.54%
10 Year39.33%
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%1.44%
ATR Inc34.33%
Range Today0.47
ADR(20)0.34
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.82
Mansfield0.55
10 Day High25.17
10 Day Low23.75
20 Day High25.17
20 Day Low22.76
52 Week High25.17
52 Week Low18.58
CS1 End24.03
CR1 StartN/A
Volume & EV
DER(3)5.21%
DER(5)4.86%
Volume428.10K
Volume Incr-35.05%
Vol(5)404.86K
Vol(50)516.10K