TSLX Price Prediction Next Week
Analysis and Insights
To predict the stock price of TSLX (Sixth Street Specialty Lending Inc) for the next trading week, we analyze both news sentiment and technical indicators.
News Sentiment Analysis:
Jim Cramer's Neutral Stance: On CNBC's "Mad Money," Jim Cramer expressed uncertainty about TSLX, stating he doesn't know what the company owns, and thus couldn't provide a recommendation.
Positive Analyst Ratings: RBC Capital analyst Kenneth Lee maintained an Outperform rating and raised the price target from $23 to $25, signaling confidence in the stock's potential.
Acquisition News: Sixth Street committed over $1B to the Boston Celtics deal, showcasing the company's ability to deploy capital into high-value investments.
Dividend Yield: TSLX offers a high dividend yield of 8.33%, making it attractive for income-focused investors.
Technical Analysis:
Price Trends: TSLX closed at $22.41 on March 24, 2025, with a slight decline of -0.31% during regular market hours.
RSI (Relative Strength Index): The RSI is at 59.07, indicating a neutral position—neither overbought nor oversold.
MACD: The MACD line (-0.07) is slightly below the signal line (-0.05), suggesting mild bearish momentum.
Stochastic Oscillator: The StochK (40.57) is below StochD (33.97), which could indicate a bearish crossover in the near term.
Fibonacci Levels: The stock is trading near the pivot level ($22.17), with resistance levels at $22.65 and $22.95, and support at $21.69 and $21.39.
Price Prediction and Recommendation:
Based on the analysis, TSLX is expected to trade near its pivot level with a slight upward bias due to positive news sentiment and strong dividend yield. The stock is likely to test the first resistance level of $22.65.
Prediction: $22.65
Recommendation: Buy
TSLX Similar Chart Price Prediction
The price of TSLX is predicted to go up 2.54%, based on the high correlation periods with MMLP. The similarity of these two price pattern on the periods is 96.56%.
TSLX
MMLP
Up: 2.54%Similarity: 96.56%
