Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Sidelines Mode (-55) - TSLS 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 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
17.979 18.464 17.901 18.099 +0.050
Entry Signal

MarketClub’s Trade Triangles for TSLS

long term down The long-term trend has been DOWN since Jun 26th, 2024 at 21.251

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

short term up The short-term trend has been UP since Jul 12th, 2024 at 16.903

Smart Scan Analysis for TSLS

Based on our trend formula, TSLS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TSLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.979 18.464 17.901 18.099 +0.050
Prev. Close Volume Bid Ask Time
18.050 0 2024-07-26 16:29:34
52wk High31.8352wk High Date2024-04-22
52wk Low15.0852wk Low Date2024-07-11
Average Volume4,220,105
Get a free daily analysis and signals for Direxion Daily TSLA Bear 1X Shares (TSLS) - Request Your Free Report.