Tsll stock price technical analysis on TSLL stock price

Technical analysis on TSLL stock price reveals bullish signals as the 20-day moving average crossed above the 50-day. Historically, such patterns have preceded multi-week advances in leveraged ETFs. Since then, TSLL’s AUM dropped to $855 million as shares of Tesla underperformed. That means that NVDL is now the biggest single stock ETF on the market, which seems appropriate given how hot Nvidia is thanks to its dominant position in the AI chip industry. TSLL has rapidly gained traction since its launch on August 9, 2022 , attracting a massive $5.1 billion in assets under management and an average daily trading volume of 98 million shares . The appeal is obvious—when Tesla moves up, TSLL moves up twice as fast. But the danger is just as real—when Tesla declines, TSLL loses value at twice the rate. This extreme volatility makes understanding TSLL’s mechanics crucial before investing , as it operates differently than standard ETFs. Leveraged ETF behavior means TSLL stock price often magnifies Tesla’s moves by 1.5–2x daily. This correlation is evident in recent sessions, with both rising simultaneously on optimistic EV demand forecasts.