Momentum Indicator for TSLQ turns negative, indicating new downward trend
TSLQ saw its Momentum Indicator move below the 0 level on November 26, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 37 similar instances where the indicator turned negative. In of the 37 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TSLQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for TSLQ entered a downward trend on December 23, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where TSLQ's RSI Oscillator exited the oversold zone, of 15 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 27 cases where TSLQ's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for TSLQ just turned positive on November 25, 2024. Looking at past instances where TSLQ's MACD turned positive, the stock continued to rise in of 17 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TSLQ advanced for three days, in of 142 cases, the price rose further within the following month. The odds of a continued upward trend are .
TSLQ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Trading
TSLQ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, TSLQ has been loosely correlated with SQQQ. These tickers have moved in lockstep 58% of the time. This A.I.-generated data suggests there is some statistical probability that if TSLQ jumps, then SQQQ could also see price increases.
| Ticker / NAME | Correlation To TSLQ | 1D Price Change % | ||
|---|---|---|---|---|
| TSLQ | 100% | -4.75% | ||
| SQQQ - TSLQ | 58% Loosely correlated | -2.85% | ||
| SH - TSLQ | 54% Loosely correlated | -0.61% | ||
| CARD - TSLQ | 52% Loosely correlated | -1.17% | ||
| SPXS - TSLQ | 45% Loosely correlated | -1.97% | ||
| SDS - TSLQ | 44% Loosely correlated | -1.33% | ||
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