DIREXION DLY TSM BULL 2X SHS (TSMX) Stock Technical Analysis
NASDAQ:TSMX - Nasdaq - US25461A5442 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to TSMX. Although TSMX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than TSMX.
The long and short term trends are both positive. This is looking good!
In the last month TSMX has a been trading in the 30.97 - 38.64 range, which is quite wide. It is currently trading near the high of this range.
Although TSMX 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
28.20
38.02
5 important support areas can be observed.
- Support @37.55 from a horizontal line in the daily time frame.
- A support zone ranging from 35.40 to 35.82. 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 34.44 to 34.58. 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 33.39 to 33.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.48 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 | UP | POSITIVE | The long term trend for TSMX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TSMX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TSMX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSMX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSMX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 66.24 | NEUTRAL | The RSI value for TSMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TSMX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.2 | NEUTRAL | The Stochastics value for TSMX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for TSMX suggests some volalility. |
| Average Directional Index/ADX (14) | 31.55 | POSITIVE | The high ADX value value for TSMX 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)
37.64
+1.18 (+3.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.24%
1 Week4.06%
2 Weeks12.69%
1 Month18.51%
3 Month109.81%
6 Month2.79%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.62
ATR(20)%4.43%
ATR Inc-17.96%
Range Today1.56
ADR(20)1.41
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High38.64
10 Day Low32.27
20 Day High38.64
20 Day Low30.97
52 Week HighN/A
52 Week LowN/A
CS1 End37.55
CR1 StartN/A
Volume & EV
DER(3)3.02%
DER(5)0.98%
Volume381.00K
Volume Incr-25.36%
Vol(5)431.40K
Vol(50)543.81K