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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX)

Crossroads (-60) - TSMX 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 TSMX?

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

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

NASDAQ_TSMX
Open High Low TSMX Price Change
28.033 28.033 26.383 27.646 -0.397
Entry Signal

MarketClub’s Trade Triangles for TSMX

long term up The long-term trend has been UP since Oct 7th, 2024 at 26.506

intermediate term down The intermediate-term trend has been DOWN since Nov 13th, 2024 at 27.757

short term down The short-term trend has been DOWN since Nov 12th, 2024 at 28.676

Smart Scan Analysis for TSMX

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

-60
Smart Scan Analysis for TSMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.033 28.033 26.383 27.646 -0.397
Prev. Close Volume Bid Ask Time
27.690 0 2024-11-20 16:29:47
52wk High35.7552wk High Date2024-10-17
52wk Low25.552wk Low Date2024-10-03
Average Volume290,240
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