Taking everything into account, TSLL scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, TSLL is a bad performer.
TSLL has an average technical rating and also the quality of the setup is only medium 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.
13.54
We found 5 important support areas.
We can see 2 important resistance areas.
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 TSLL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSLL is neutral. |
| ChartMill Relative Strength | 22.54 | NEGATIVE | TSLL has a low relative strength, it was outperformed by 77.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSLL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSLL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TSLL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.5 | NEUTRAL | The RSI value for TSLL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests TSLL has a positive trend. |
| Stochastics (14,3) | 78.67 | NEUTRAL | The Stochastics value for TSLL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.97 | HIGH VOLATILITY | The high ATR as a percentage value for TSLL suggests high volalility. |
| Average Directional Index/ADX (14) | 10.54 | NEGATIVE | The low ADX value for TSLL suggests a weak or negative trend. |
20.28
+1.03 (+5.35%)
ChartMill assigns a technical rating of 5 / 10 to TSLL.
The current trend direction for DIREXION DAILY TSLA BULL 2X (TSLL) is Bullish.
DIREXION DAILY TSLA BULL 2X (TSLL) has an RSI value of 56.5018. This indicates that the stock is currently neutral.
The MACD indicator for DIREXION DAILY TSLA BULL 2X (TSLL) has a value of 0.242505, indicating a bearish trend.