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Stock Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Bull Market Weakness (+75) - TSLL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TSLL as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid TSLL?

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

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

NASDAQ_TSLL
Open High Low TSLL Price Change
7.4112 7.5620 7.2151 7.4828 +0.0700
Entry Signal

MarketClub’s Trade Triangles for TSLL

long term down The long-term trend has been DOWN since Oct 19th, 2023 at 12.4317

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 8.3585

short term up The short-term trend has been UP since May 14th, 2024 at 7.5596

Smart Scan Analysis for TSLL

Based on our trend formula, TSLL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TSLL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.4112 7.5620 7.2151 7.4828 +0.0700
Prev. Close Volume Bid Ask Time
7.4700 0 2024-05-16 16:29:57
52wk High21.09552wk High Date2023-07-19
52wk Low4.9452wk Low Date2024-04-22
Average Volume30,889,996
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