Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD)
Crossroads (-60) - TSDD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TSDD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TSDD.
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 TSDD
The long-term trend has been UP since Mar 13th, 2024 at 27.2118
The intermediate-term trend has been DOWN since Apr 29th, 2024 at 23.6934
The short-term trend has been DOWN since May 6th, 2024 at 18.6800
Smart Scan Analysis for TSDD
Based on our trend formula, TSDD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.3700 | 20.3301 | 19.1900 | 20.2400 | +1.4200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.2700 | 186364 | 2024-05-07 15:59:45 |
| 52wk High | 38.44 | 52wk High Date | 2024-04-22 |
| 52wk Low | 14.19 | 52wk Low Date | 2023-12-28 |
| Average Volume | 418,407 |