TSLT Stock Analysis: Buy, Sell, or Hold?
TSLT - T-REX 2X Long Tesla Daily Target ETF
$21.79
1.59 (7.87%)
▲
5d:
+19.27%
30d:
+49.55%
90d:
+0.69%
HOLD
MODERATE Confidence
Analysis Updated: May 8, 2026 12:00 AM ET
Get Alerted When TSLT Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
📊 HOLD - EXTENDED: TSLT is 14.7% above its trading range ($18.99). Fundamentals are solid but entry is stretched. Hold existing positions; wait for pullback to add new shares.
📊 HOLD - EXTENDED: TSLT is 14.7% above its trading range ($18.99). Fundamentals are solid but entry is stretched. Hold existing positions; wait for pullback to add new shares.
In-depth Analysis How we analyze
Valuation Analysis: TSLT is currently trading at $21.79, which is considered extended relative to its 30-day fair value range of $15.48 to $18.99.
Technical Outlook: Technically, TSLT is in a strong downtrend. The price is approaching resistance at $22.08. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation. The stock is showing strong short-term momentum, up 7.9% recently.
Market Sentiment: TSLT has a strong technical setup (60/100), with favorable trendlines, momentum, and price action for short-term traders. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, TSLT is in a strong downtrend. The price is approaching resistance at $22.08. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation. The stock is showing strong short-term momentum, up 7.9% recently.
Market Sentiment: TSLT has a strong technical setup (60/100), with favorable trendlines, momentum, and price action for short-term traders. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$15.48 -
$18.99
Company Quality Score
55/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
52.9%
All Signals
- BEARISH: Price significantly overextended (+14.7% above its trading range)
- BULLISH: Strong technical setup (60/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+7.9%)
Trading Range Analysis
30-Day Trading Range
$15.48 -
$18.99
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$15.89
Resistance Level
$22.08
Current Trend
Strong Downtrend
Technical data as of
May 8, 2026
Share & Embed Analysis
Last updated: May 08, 2026 9:00 PM ET
Data refreshes hourly during market hours. Next update: 10:00 PM
Data refreshes hourly during market hours. Next update: 10:00 PM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is TSLT showing a specific setup today?