YIELDMAX TSLA OPTION INC ETF (TSLY) Stock Technical Analysis
NYSEARCA:TSLY - US88636J4444 - ETF
7.73 USD
+0.16 (+2.11%)
7.7 USD
-0.03 (-0.39%)
Taking everything into account, TSLY scores 1 out of 10 in our technical rating. TSLY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, TSLY is a bad performer in the overall market: 90% of all stocks are doing better.
TSLY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
TSLY has an average volume of 27853100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TSLY has a been trading in the 7.42 - 8.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TSLY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 7.73, a Stop Loss order could be placed below this zone.
More info and screens
7.32
17.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.62 to 7.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.39 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 7.84 to 8.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.95 from a trend line in the weekly time frame.
- Resistance @15.38 from a trend line in the weekly time frame.
- Resistance @16.94 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 | DOWN | NEGATIVE | The long term trend for TSLY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSLY is down. |
| ChartMill Relative Strength | 10.2 | NEGATIVE | TSLY has a low relative strength, it was outperformed by 89.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TSLY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSLY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TSLY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.71 | NEUTRAL | The RSI value for TSLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TSLY has a negative trend. |
| Stochastics (14,3) | 39.18 | NEUTRAL | The Stochastics value for TSLY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for TSLY suggests some volalility. |
| Average Directional Index/ADX (14) | 12.97 | NEGATIVE | The low ADX value for TSLY suggests a weak or negative 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)
7.73
+0.16 (+2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.11%
1 Week-4.21%
2 Weeks2.25%
1 Month1.44%
3 Month-3.86%
6 Month-12.56%
12 Month-36.48%
2 Year-71.75%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%2.97%
ATR Inc46.01%
Range Today0.12
ADR(20)0.21
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.2
Mansfield-3.45
10 Day High8.19
10 Day Low7.43
20 Day High8.19
20 Day Low7.43
52 Week High18.22
52 Week Low6.9
CS1 End7.73
CR1 Start7.84
Volume & EV
DER(3)-2.66%
DER(5)-2.21%
Volume34.93M
Volume Incr28.89%
Vol(5)23.31M
Vol(50)27.85M