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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

T-REX 2X Long Tesla Daily Target ETF (NASDAQ:TSLT)

Crossroads (+60) - TSLT 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 TSLT?

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

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

NASDAQ_TSLT
Open High Low TSLT Price Change
11.200 11.305 10.580 10.650 -0.870
Entry Signal

MarketClub’s Trade Triangles for TSLT

long term down The long-term trend has been DOWN since Jan 25th, 2024 at 15.8100

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 11.4509

short term up The short-term trend has been UP since May 6th, 2024 at 11.6650

Smart Scan Analysis for TSLT

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

+60
Smart Scan Analysis for TSLT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.200 11.305 10.580 10.650 -0.870
Prev. Close Volume Bid Ask Time
10.630 5244525 2024-05-07 15:59:46
52wk High27.9752wk High Date2023-12-28
52wk Low6.761752wk Low Date2024-04-22
Average Volume5,770,898
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