Momentum Indicator for TSLS turns negative, indicating new downward trend
TSLS 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 35 similar instances where the indicator turned negative. In of the 35 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for TSLS turned negative on December 13, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 18 similar instances when the indicator turned negative. In of the 18 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TSLS 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 TSLS entered a downward trend on December 17, 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 shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TSLS advanced for three days, in of 134 cases, the price rose further within the following month. The odds of a continued upward trend are .
TSLS 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
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MAEGX | 14.72 | N/A | N/A |
| BlackRock Unconstrained Equity Instl | |||
| BINFX | 8.87 | N/A | N/A |
| BlackRock Infrastructure Sust Opps Instl | |||
| JHLVX | 63.53 | -0.34 | -0.53% |
| JHancock Fundamental Large Cap Core C | |||
| VEUAX | 31.57 | -0.25 | -0.79% |
| JPMorgan Europe Dynamic A | |||
| OTCRX | 14.78 | -0.13 | -0.87% |
| Otter Creek Long/Short Opportunity Inv | |||
TSLS and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, TSLS has been loosely correlated with CARD. These tickers have moved in lockstep 59% of the time. This A.I.-generated data suggests there is some statistical probability that if TSLS jumps, then CARD could also see price increases.
| Ticker / NAME | Correlation To TSLS | 1D Price Change % | ||
|---|---|---|---|---|
| TSLS | 100% | -3.61% | ||
| CARD - TSLS | 59% Loosely correlated | +1.02% | ||
| SQQQ - TSLS | 52% Loosely correlated | +1.34% | ||
| SH - TSLS | 49% Loosely correlated | +0.46% | ||
| SPXS - TSLS | 49% Loosely correlated | +1.22% | ||
| SDS - TSLS | 43% Loosely correlated | +0.90% | ||
More | ||||