Technical Analysis for TSLT - T-REX 2X Long Tesla Daily Target ETF

Grade Last Price % Change Price Change
B 28.78 -2.28% -0.67
TSLT closed down 2.28 percent on Wednesday, November 20, 2024, on 50 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Boomer Buy Setup Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Inside Day Range Contraction -2.28%
Wide Bands Range Expansion -2.28%
Up 3 Days in a Row Strength -2.28%
Calm After Storm Range Contraction 1.70%

   Recent Intraday Alerts

Alert Time
Down 5% about 16 hours ago
Down 3% about 16 hours ago
Down 2 % about 16 hours ago
Down 1% about 16 hours ago
Possible NR7 about 16 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to TSLA equal to at least 80% of its net assets (plus any borrowings for investment purposes). The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in TSLA that is equal, on a daily basis, to 200% of the value of the fund"s net assets. The fund is non-diversified.
Classification

Keywords: Investment Management Swaps

Top 10 Components

Symbol Grade Price % Change Allocation
TSLA B -1.15 97.97

Is TSLT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 32.02
52 Week Low 6.7617
Average Volume 6,045,396
200-Day Moving Average 13.95
50-Day Moving Average 18.13
20-Day Moving Average 22.15
10-Day Moving Average 26.90
Average True Range 2.57
RSI (14) 66.10
ADX 34.42
+DI 38.56
-DI 14.95
Chandelier Exit (Long, 3 ATRs) 24.30
Chandelier Exit (Short, 3 ATRs) 19.84
Upper Bollinger Bands 32.49
Lower Bollinger Band 11.80
Percent B (%b) 0.82
BandWidth 93.45
MACD Line 3.40
MACD Signal Line 2.72
MACD Histogram 0.6826
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.89
Resistance 3 (R3) 31.80 30.69 31.37
Resistance 2 (R2) 30.69 29.90 30.73 31.19
Resistance 1 (R1) 29.73 29.41 29.18 29.82 31.02
Pivot Point 28.62 28.62 28.34 28.66 28.62
Support 1 (S1) 27.66 27.83 27.11 27.75 26.54
Support 2 (S2) 26.55 27.34 26.59 26.37
Support 3 (S3) 25.59 26.55 26.19
Support 4 (S4) 25.68