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Stock Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)
Long-Term Downtrend (-90) - TSLS is in a strong downtrend that is likely to continue. While TSLS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for TSLS
The long-term trend has been DOWN since Feb 2nd, 2023 at 28.922
The intermediate-term trend has been DOWN since May 19th, 2023 at 29.892
The short-term trend has been DOWN since May 18th, 2023 at 30.333
Smart Scan Analysis for TSLS
Based on our trend formula, TSLS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.029 | 23.577 | 22.777 | 23.438 | -0.345 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.790 | 0 | 2023-06-07 16:29:53 |
| 52wk High | 58.05 | 52wk High Date | 2023-01-06 |
| 52wk Low | 22.79 | 52wk Low Date | 2022-09-21 |
| Average Volume | 457,873 |