TREE ISLAND STEEL LTD (TSL.CA) Stock Technical Analysis
TSX:TSL - Toronto Stock Exchange - CA89467Q2009 - Common Stock - Currency: CAD
Taking everything into account, TSL scores 0 out of 10 in our technical rating. TSL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, TSL is a bad performer in the overall market: 78% of all stocks are doing better.
TSL is one of the lesser performing stocks in the Metals & Mining industry. 62% of 818 stocks in the same industry do better.
Warning: TSL has an average volume of 15511 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
TSL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TSL is lagging the market.
In the last month TSL has a been trading in the 2.75 - 3.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TSL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
2.56
3.25
When analyzing the support we can see 4 important areas.
- Support @2.87 from a trend line in the daily time frame.
- Support @2.80 from a horizontal line in the daily time frame.
- Support @2.69 from a trend line in the daily time frame.
- Support @2.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.91 to 3.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.08 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.19 to 3.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.32
Mansfield-1.03
10 Day High3.02
10 Day Low2.85
20 Day High3.05
20 Day Low2.75
52 Week High3.7
52 Week Low2.48
Performance
1 Week-0.68%
2 Weeks-1.36%
1 Month-3.65%
3 Month-0.68%
6 Month7.41%
12 Month-17.14%
2 Year-17.38%
3 Year-41.88%
5 Year51.83%
10 Year54.26%
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)0
RSI(14)44.58
LBB2.88
UBB3.02
TSX:TSL (2/21/2025, 7:00:00 PM)
2.9
-0.04 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.36%
1 Week-0.68%
2 Weeks-1.36%
1 Month-3.65%
3 Month-0.68%
6 Month7.41%
12 Month-17.14%
2 Year-17.38%
3 Year-41.88%
5 Year51.83%
10 Year54.26%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%2.84%
ATR Inc1.94%
Range Today0.06
ADR(20)0.08
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.32
Mansfield-1.03
10 Day High3.02
10 Day Low2.85
20 Day High3.05
20 Day Low2.75
52 Week High3.7
52 Week Low2.48
CS1 End2.87
CR1 Start2.91
Volume & EV
DER(3)-4.34%
DER(5)2.71%
Volume15.30K
Volume Incr2%
Vol(5)16.93K
Vol(50)15.51K