Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
GraniteShares 1.25x Long TSLA Daily ETF (NASDAQ:TSL)
Sidelines Mode (+55) - TSL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TSL?
MarketClub looks at technical strength and momentum to determine if the timing is right for TSL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TSL
The long-term trend has been DOWN since Oct 20th, 2023 at 14.9200
The intermediate-term trend has been UP since Apr 29th, 2024 at 7.0873
The short-term trend has been DOWN since May 8th, 2024 at 6.9200
Smart Scan Analysis for TSL
Based on our trend formula, TSL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.6400 | 6.8303 | 6.5750 | 6.7799 | -0.1501 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.9300 | 179384 | 2024-05-08 15:59:41 |
| 52wk High | 23.06 | 52wk High Date | 2023-07-19 |
| 52wk Low | 5.13 | 52wk Low Date | 2024-04-22 |
| Average Volume | 350,457 |