(TSLL) Direxion Daily TSLA - Ratings and Ratios

The Direxion Daily TSLA Bull 1.5X Shares (TSLL) is a leveraged exchange-traded fund (ETF) designed to provide 1.5 times the daily returns of Tesla, Inc. (TSLA). The fund typically invests at least 80% of its net assets in TSLA securities and related financial instruments, such as swaps and options, to achieve its leveraged exposure. As a non-diversified fund, it focuses primarily on TSLA, making it highly concentrated and sensitive to Teslas stock performance. The ETF is categorized under Trading--Leveraged Equity, reflecting its speculative nature and short-term trading appeal.

From a technical standpoint, TSLL exhibits notable trading activity with an average 20-day volume of 201,636,600 shares. The last price of $10.45 reflects recent market sentiment, while its moving averages indicate a potential trend reversal. The SMA 20 ($8.69) is below the SMA 50 ($10.93) and SMA 200 ($15.63), suggesting a bearish trend. The Average True Range (ATR) of 1.47 signals moderate volatility. With an AUM of $4.381 billion, TSLL is a substantial player in the leveraged ETF space, offering liquidity to traders seeking amplified exposure to TSLA.

Looking ahead, TSLLs price action over the next three months is expected to remain volatile, influenced by TSLAs performance and broader market conditions. If TSLAs stock continues its downward trajectory, TSLL could face further declines, potentially testing the $6.00 level. Conversely, a rebound in TSLA could propel TSLL toward $14.00. The high ATR underscores the potential for significant price swings, making TSLL a high-risk, high-reward opportunity for short-term traders.