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. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, TSMX is a bad performer.
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.
TSMX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 37.55. Right above this resistance zone may be a good entry point.
More info and screens
28.20
38.31
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.04 to 36.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 33.96 to 34.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @28.48 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.55 to 37.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TSMX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.99 | NEUTRAL | The RSI value for TSMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests TSMX has a negative trend. |
| Stochastics (14,3) | 73.13 | NEUTRAL | The Stochastics value for TSMX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for TSMX suggests some volalility. |
| Average Directional Index/ADX (14) | 31.06 | 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)
36.31
-0.52 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.41%
1 Week5.4%
2 Weeks2.98%
1 Month11.9%
3 Month72.66%
6 Month14.61%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.64
ATR(20)%4.6%
ATR Inc-21.08%
Range Today1.23
ADR(20)1.39
ADR(20)%3.83%
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 Low33.59
20 Day High38.64
20 Day Low30.97
52 Week HighN/A
52 Week LowN/A
CS1 End36.21
CR1 Start37.55
Volume & EV
DER(3)-1.25%
DER(5)1.43%
Volume378.76K
Volume Incr-33.52%
Vol(5)390.77K
Vol(50)540.79K