TESLA INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	TSLA
ISIN:

TESLA INC. - Daily - Technical analysis published on 09/13/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 254.49 USD

My targets

294.36 USD (+7.62%)

333.02 USD (+21.76%)

My analysis

TESLA INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 254.49 USD. The next resistance located at 294.36 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 333.02 USD. After this resistance, buyers could then target 409.97 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.9

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 AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The TESLA INC. price is 273.51 USD. On the day, this instrument gained +2.25% and was traded between 268.10 USD and 274.98 USD over the period. The price is currently at +2.02% from its lowest and -0.53% from its highest.

268.10

274.98

273.51

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of TESLA INC. in Daily shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	172.83	209.39	254.49	273.51	294.36	409.97
Change (%)	-36.81%	-23.44%	-6.95%	-	+7.62%	+49.89%
Change	-100.68	-64.12	-19.02	-	+20.85	+136.46
Level	Minor	Major	Intermediate	-	Major	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	251.47	259.03	263.26	270.82	275.05	282.61	286.84
Camarilla	264.24	265.32	266.40	267.48	268.56	269.64	270.72
Woodie	249.80	258.20	261.59	269.99	273.38	281.78	285.17
Fibonacci	259.03	263.54	266.32	270.82	275.33	278.11	282.61

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	227.10	235.18	241.84	249.92	256.58	264.66	271.32
Camarilla	244.45	245.80	247.15	248.50	249.85	251.20	252.55
Woodie	226.39	234.83	241.13	249.57	255.87	264.31	270.61
Fibonacci	235.18	240.81	244.29	249.92	255.55	259.03	264.66

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	170.69	191.53	224.80	245.64	278.91	299.75	333.02
Camarilla	243.20	248.16	253.12	258.08	263.04	268.00	272.96
Woodie	176.92	194.64	231.03	248.75	285.14	302.86	339.25
Fibonacci	191.53	212.20	224.97	245.64	266.31	279.08	299.75

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):	61.34
MACD (12,26,9):	4.9300
Directional Movement:	12.26
AROON (14):	85.72
DEMA (21):	257.65
Parabolic SAR (0,02-0,02-0,2):	249.10
Elder Ray (13):	15.14
Super Trend (3,10):	235.88
Zig ZAG (10):	272.66
VORTEX (21):	1.0700
Stochastique (14,3,5):	87.97
TEMA (21):	263.55
Williams %R (14):	-11.87
Chande Momentum Oscillator (20):	33.85
Repulse (5,40,3):	1.4400
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	25.91

MA7:	260.30
MA20:	245.41
MA50:	256.62
MA100:	231.13
MAexp7:	262.25
MAexp20:	253.29
MAexp50:	248.44
MAexp100:	237.04
Price / MA7:	+5.07%
Price / MA20:	+11.45%
Price / MA50:	+6.58%
Price / MA100:	+18.34%
Price / MAexp7:	+4.29%
Price / MAexp20:	+7.98%
Price / MAexp50:	+10.09%
Price / MAexp100:	+15.39%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on TESLA INC. at the time of the generation of this analysis was as follows:

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

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