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LEVERAGESHARES 2X TESLA ETP (2TSL.AS) Stock Technical Analysis

AMS:2TSL - Euronext Amsterdam - IE00BK5BZY66 - ETF - Currency: EUR

86.6013  +23.57 (+37.39%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to 2TSL. 2TSL'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.

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, 2TSL is a bad performer in the overall market: 95% of all stocks are doing better.
2TSL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: 2TSL has an average volume of 69 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month 2TSL has a been trading in the 58.00 - 108.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
LEVERAGESHARES 2X TESLA ETP / 2TSL Weekly stock chart
LEVERAGESHARES 2X TESLA ETP / 2TSL Daily stock chart
Setup Rating and Analysis

3

The technical rating of 2TSL is bad and it also does not present a 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.

Support and Resistance Analysis

53.48

87.47

2 important support areas can be observed.

  • Support @72.81 from a horizontal line in the weekly time frame.
  • Support @54.02 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.04
Mansfield-2.32
10 Day High90
10 Day Low58
20 Day High108.12
20 Day Low58
52 Week High364.01
52 Week Low44.14
Performance
1 Week17.99%
2 Weeks0.42%
1 Month25.85%
3 Month-62.88%
6 Month-10.72%
12 Month-9.02%
2 Year-14.8%
3 Year-77.7%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)4.47
RSI(14)44.94
LBB54.77
UBB107.79
LEVERAGESHARES 2X TESLA ETP / 2TSL Daily stock chart

LEVERAGESHARES 2X TESLA ETP

AMS:2TSL (4/25/2025, 7:00:00 PM)

86.6013

+23.57 (+37.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg37.39%
1 Week17.99%
2 Weeks0.42%
1 Month25.85%
3 Month-62.88%
6 Month-10.72%
12 Month-9.02%
2 Year-14.8%
3 Year-77.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)11.43
ATR(20)%12.62%
ATR Inc86.12%
Range Today0.34
ADR(20)3.98
ADR(20)%4.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.04
Mansfield-2.32
10 Day High90
10 Day Low58
20 Day High108.12
20 Day Low58
52 Week High364.01
52 Week Low44.14
CS1 End72.81
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume11
Volume Incr837.92%
Vol(5)423
Vol(50)69.94