TESLA INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TSLA
ISIN:

TESLA INC. - Daily - Technical analysis published on 08/20/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 228.44 USD

My targets

209.39 USD (-2.83%)

202.77 USD (-5.90%)

My analysis

In the short term, we can see an acceleration in the bearish trend on TESLA INC., which is a positive signal for sellers. As long as the price remains above 228.44 USD, a sale could be considered. The first bearish objective is located at 209.39 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 202.77 USD as an objective. Crossing it would then enable sellers to target 172.83 USD. If the price were to return above 228.44 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

5.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by SnInvest. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The TESLA INC. rating is 215.49 USD. The price is lower by -1.70% since the last closing with the lowest point at 212.36 USD and the highest point at 217.58 USD. The deviation from the price is +1.47% for the low point and -0.96% for the high point.

212.36

217.58

215.49

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this TESLA INC. chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily

In fact, 12 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	153.75	172.83	209.39	215.49	254.49	294.36	409.97
Change (%)	-28.65%	-19.80%	-2.83%	-	+18.10%	+36.60%	+90.25%
Change	-61.74	-42.66	-6.10	-	+39.00	+78.87	+194.48
Level	Major	Intermediate	Major	-	Major	Major	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	207.49	209.92	212.71	215.14	217.93	220.36	223.15
Camarilla	214.06	214.53	215.01	215.49	215.97	216.45	216.93
Woodie	207.66	210.01	212.88	215.23	218.10	220.45	223.32
Fibonacci	209.92	211.92	213.15	215.14	217.14	218.37	220.36

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	176.71	194.54	205.01	222.84	233.31	251.14	261.61
Camarilla	207.71	210.30	212.90	215.49	218.08	220.68	223.27
Woodie	173.04	192.70	201.34	221.00	229.64	249.30	257.94
Fibonacci	194.54	205.35	212.03	222.84	233.65	240.33	251.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	202.77	228.44	247.94	273.61	293.11	318.78	338.28
Camarilla	255.01	259.15	263.29	267.43	271.57	275.71	279.85
Woodie	199.68	226.90	244.85	272.07	290.02	317.24	335.19
Fibonacci	228.44	245.70	256.36	273.61	290.87	301.53	318.78

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	27.40
MACD (12,26,9):	-10.0600
Directional Movement:	-28.31
AROON (14):	-100.00
DEMA (21):	233.76
Parabolic SAR (0,02-0,02-0,2):	244.35
Elder Ray (13):	-23.13
Super Trend (3,10):	241.95
Zig ZAG (10):	215.49
VORTEX (21):	0.7100
Stochastique (14,3,5):	2.35
TEMA (21):	220.74
Williams %R (14):	-94.22
Chande Momentum Oscillator (20):	-38.62
Repulse (5,40,3):	-4.2500
ROCnROLL:	2
TRIX (15,9):	-0.3200
Courbe Coppock:	25.03

MA7:	231.57
MA20:	249.05
MA50:	258.92
MA100:	220.46
MAexp7:	229.22
MAexp20:	244.31
MAexp50:	244.84
MAexp100:	231.47
Price / MA7:	-6.94%
Price / MA20:	-13.48%
Price / MA50:	-16.77%
Price / MA100:	-2.25%
Price / MAexp7:	-5.99%
Price / MAexp20:	-11.80%
Price / MAexp50:	-11.99%
Price / MAexp100:	-6.90%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on TESLA INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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