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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Tree Island Steel Ltd (TSE:TSL)

Strong Downtrend (-100) - TSL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TSL continues to fall. Traders should use caution and set stops.

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

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

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

TSE_TSL
Open High Low TSL Price Change
3.20 3.21 3.16 3.20 +0.02
Entry Signal

MarketClub’s Trade Triangles for TSL

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 3.25

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 3.40

short term down The short-term trend has been DOWN since Apr 1st, 2024 at 3.33

Smart Scan Analysis for TSL

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

-100
Smart Scan Analysis for TSL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.20 3.21 3.16 3.20 +0.02
Prev. Close Volume Bid Ask Time
3.18 6626 2024-04-18 14:29:53
Year High3.66Year High Date2018-05-08
Year Low1.98Year Low Date2018-11-05
52wk High3.6652wk High Date2018-05-08
52wk Low1.9852wk Low Date2018-11-05
Year End Close0.92Average Volume13,239
Volatility57.86
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