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Stock Trend Analysis Report

Prepared for you on Tuesday, May 7, 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
23.122 23.318 22.651 22.997 -0.457
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 Apr 29th, 2024 at 24.854

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 29.417

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
23.122 23.318 22.651 22.997 -0.457
Prev. Close Volume Bid Ask Time
22.980 0 2024-05-06 16:28:49
52wk High32.4952wk High Date2023-05-05
52wk Low17.1152wk Low Date2023-07-19
Average Volume1,663,506
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