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Stock Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

Weak Downtrend (-65) - TSLS is showing signs of a strengthening downtrend. Monitor TSLS as it may be building momentum to the downside.

Is it time to buy, sell, or avoid TSLS?

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

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

NASDAQ_TSLS
Open High Low TSLS Price Change
22.546 23.012 22.494 22.719 +0.319
Entry Signal

MarketClub’s Trade Triangles for TSLS

long term up The long-term trend has been UP since Jan 25th, 2024 at 24.729

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2024 at 22.570

short term down The short-term trend has been DOWN since Jun 12th, 2024 at 23.520

Smart Scan Analysis for TSLS

Based on our trend formula, TSLS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TSLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.546 23.012 22.494 22.719 +0.319
Prev. Close Volume Bid Ask Time
22.700 0 2024-06-18 16:29:56
52wk High31.8352wk High Date2024-04-22
52wk Low17.1152wk Low Date2023-07-19
Average Volume921,040
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