TESLA INC.
TESLA INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: TSLA
ISIN:

TESLA INC. - 1H - Technical analysis published on 06/25/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Neutral
Technical indicators
17%
50%
33%
My opinion
Bearish under 265.00 USD
My targets
247.93 USD (-3.38%)
231.87 USD (-9.64%)
My analysis
The current short-term bearish acceleration registered on TESLA INC. should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 265.00 USD. Short-term sellers will use the support located at 247.93 USD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 231.87 USD. Crossing this support would then open the door for sellers to target 209.39 USD. Caution, if there is a return to below 265.00 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
2.5

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 vishr. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The TESLA INC. rating is 256.60 USD. The price is lower by -3.03% since the last closing with the lowest point at 252.80 USD and the highest point at 262.45 USD. The deviation from the price is +1.50% for the low point and -2.23% for the high point.

252.80
262.45
256.60

A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this 1H chart of TESLA INC. indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour



In fact, only 9 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 188.57 209.39 247.93 256.60 265.00 276.99 294.36
Change (%) -26.51% -18.40% -3.38% - +3.27% +7.95% +14.72%
Change -68.03 -47.21 -8.67 - +8.40 +20.39 +37.76
Level Major Major Major - Intermediate Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard242.47247.63252.12257.28261.77266.93271.42
Camarilla253.95254.83255.72256.60257.49258.37259.25
Woodie242.13247.46251.78257.11261.43266.76271.08
Fibonacci247.63251.32253.60257.28260.97263.25266.93


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard215.50231.87244.24260.61272.98289.35301.72
Camarilla248.70251.33253.97256.60259.24261.87264.50
Woodie213.49230.87242.23259.61270.97288.35299.71
Fibonacci231.87242.85249.64260.61271.59278.38289.35


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard128.03143.43173.68189.08219.33234.73264.98
Camarilla191.38195.56199.75203.93208.12212.30216.48
Woodie135.46147.14181.11192.79226.76238.44272.41
Fibonacci143.43160.87171.64189.08206.52217.29234.73

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 44.20
MACD (12,26,9): -0.8200
Directional Movement: -14.41
AROON (14): 42.86
DEMA (21): 259.62
Parabolic SAR (0,02-0,02-0,2): 248.81
Elder Ray (13): -3.35
Super Trend (3,10): 268.82
Zig ZAG (10): 256.60
VORTEX (21): 0.8500
Stochastique (14,3,5): 59.10
TEMA (21): 257.31
Williams %R (14): -50.15
Chande Momentum Oscillator (20): -0.97
Repulse (5,40,3): -0.8900
ROCnROLL: -1
TRIX (15,9): -0.0200
Courbe Coppock: 2.37
MA7: 261.19
MA20: 234.19
MA50: 196.42
MA100: 194.36
MAexp7: 258.68
MAexp20: 260.27
MAexp50: 257.55
MAexp100: 245.82
Price / MA7: -1.76%
Price / MA20: +9.57%
Price / MA50: +30.64%
Price / MA100: +32.02%
Price / MAexp7: -0.80%
Price / MAexp20: -1.41%
Price / MAexp50: -0.37%
Price / MAexp100: +4.39%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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