TREE ISLAND STEEL LTD (TSL.CA) Stock Technical Analysis
TSX:TSL - Toronto Stock Exchange - CA89467Q2009 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to TSL. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, TSL is a bad performer in the overall market: 77% of all stocks are doing better.
TSL is one of the lesser performing stocks in the Metals & Mining industry. 61% of 799 stocks in the same industry do better.
TSL 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: TSL has an average volume of 7903 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month TSL has a been trading in the 2.45 - 2.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TSL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.54, a Stop Loss order could be placed below this zone.
More info and screens
2.42
3.02
We found 2 important support areas.
- A support zone ranging from 2.49 to 2.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.44 to 2.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.61 to 2.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.82 from a horizontal line in the daily time frame.
- Resistance @2.99 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.76
Mansfield-0.73
10 Day High2.86
10 Day Low2.45
20 Day High2.86
20 Day Low2.45
52 Week High3.25
52 Week Low2.45
Performance
1 Week3.17%
2 Weeks4.84%
1 Month0%
3 Month-8.77%
6 Month-7.47%
12 Month-17.46%
2 Year-15.03%
3 Year-42.98%
5 Year67.74%
10 Year44.44%
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)0.02
RSI(14)52.41
LBB2.44
UBB2.59
TSX:TSL (4/25/2025, 7:00:00 PM)
2.6
+0.04 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.56%
1 Week3.17%
2 Weeks4.84%
1 Month0%
3 Month-8.77%
6 Month-7.47%
12 Month-17.46%
2 Year-15.03%
3 Year-42.98%
5 Year67.74%
10 Year44.44%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%2.6%
ATR Inc-45.63%
Range Today0.02
ADR(20)0.06
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.76
Mansfield-0.73
10 Day High2.86
10 Day Low2.45
20 Day High2.86
20 Day Low2.45
52 Week High3.25
52 Week Low2.45
CS1 End2.54
CR1 Start2.61
Volume & EV
DER(3)-42.26%
DER(5)-26.88%
Volume800
Volume Incr-33.88%
Vol(5)3.46K
Vol(50)7.90K