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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR)

Crossroads (+60) - TSLR 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 TSLR?

MarketClub looks at technical strength and momentum to determine if the timing is right for TSLR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_TSLR
Open High Low TSLR Price Change
12.290 12.430 11.640 11.705 -0.945
Entry Signal

MarketClub’s Trade Triangles for TSLR

long term down The long-term trend has been DOWN since Sep 27th, 2023 at 25.3900

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 12.5799

short term up The short-term trend has been UP since May 6th, 2024 at 12.8300

Smart Scan Analysis for TSLR

Based on our trend formula, TSLR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for TSLR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.290 12.430 11.640 11.705 -0.945
Prev. Close Volume Bid Ask Time
11.680 235137 2024-05-07 15:59:04
52wk High33.7852wk High Date2023-09-15
52wk Low7.448852wk Low Date2024-04-22
Average Volume575,352
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