TSLT Stock Summary and Trading Ideas (ETF Opportunities Trust T-Rex 2X Long Tesla Daily Target ETF | NASDAQ:TSLT)

The T-REX 2X Long Tesla Daily Target ETF (the "Fund") seeks daily leveraged investment results and is very different from most other exchange-traded funds. As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund's objective is to magnify (200%) the daily performance of the publicly-traded common stock of Tesla, Inc. (NASDAQ: TSLA).

ETF Opportunities Trust T-Rex 2X Long Tesla Daily Target ETF trades on the NASDAQ stock market under the symbol TSLT.

As of March 5, 2025, TSLT stock price climbed to $16.60 with 3,935,653 million shares trading.

TSLT has a beta of 5.14, meaning it tends to be more sensitive to market movements. TSLT has a correlation of 0.27 to the broad based SPY ETF.

TSLT has a market cap of $283.20 million. This is considered a Small Cap stock.

TSLT has outperformed the market in the last year with a return of +26.2%, while the SPY ETF gained +15.2%. However, in the most recent history, TSLT shares have underperformed the stock market with its stock returning -46.7% in the last 3 month period and -39.3% for the last 2 week period, while SPY has returned -3.7% and -4.6%, respectively.

TSLT support price is $14.50 and resistance is $16.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TSLT shares will trade within this expected range on the day.