GraniteShares 1.25x Long Tesla Daily ETF (TSL) (TSL, $13.18) entered Downtrend as Momentum indicator drops below 0 level on Oct 16, 2026

@Trading, #TechnicalAnalysis, #Momentum, #Bearish, #ETFs
TSL - GraniteShares 1.25x Long Tesla Daily ETF (TSL)
Momentum signal
Bearish Trend
86%
Odds of DOWN Trend
Price: $13.18
Daily change: -$0.4 (-2.93%)
Daily volume: 183K
Net Assets: $11.9M

This indicator may be signaling that TSL's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 66 similar cases where TSL's Momentum Indicator fell below the 0 level, and 57 of them led to a successful outcome. Odds of Success: 86%.