TESLA INC. - 15 min. - Technical analysis published on 08/24/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 218.67 USD
My targets
223.13 USD (+1.28%)
225.94 USD (+2.55%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on TESLA INC.. This is a positive signal for buyers. As long as the price remains above 218.67 USD, a purchase could be considered. The first bullish objective is located at 223.13 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 225.94 USD as an objective. Crossing it would then enable buyers to target 230.40 USD. In the event of a return below 218.67 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5
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This analysis was given by aljoeed. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TESLA INC. rating 220.32 USD. On the day, this instrument gained +4.59% and was between 214.21 USD and 221.48 USD. This implies that the price is at +2.85% from its lowest and at -0.52% from its highest.214.21
221.48
220.32
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 15 min. chart of TESLA INC. indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 191.76 | 200.84 | 209.39 | 220.32 | 224.78 | 234.90 | 246.80 |
| Change (%) | -12.96% | -8.84% | -4.96% | - | +2.02% | +6.62% | +12.02% |
| Change | -28.56 | -19.48 | -10.93 | - | +4.46 | +14.58 | +26.48 |
| Level | Major | Minor | Major | - | Intermediate | Intermediate | 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 | 208.59 | 211.40 | 215.86 | 218.67 | 223.13 | 225.94 | 230.40 |
| Camarilla | 218.32 | 218.99 | 219.65 | 220.32 | 220.99 | 221.65 | 222.32 |
| Woodie | 209.42 | 211.81 | 216.69 | 219.08 | 223.96 | 226.35 | 231.23 |
| Fibonacci | 211.40 | 214.18 | 215.89 | 218.67 | 221.45 | 223.16 | 225.94 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 193.12 | 201.72 | 211.02 | 219.62 | 228.92 | 237.52 | 246.82 |
| Camarilla | 215.40 | 217.04 | 218.68 | 220.32 | 221.96 | 223.60 | 225.24 |
| Woodie | 193.47 | 201.90 | 211.37 | 219.80 | 229.27 | 237.70 | 247.17 |
| Fibonacci | 201.72 | 208.56 | 212.78 | 219.62 | 226.46 | 230.68 | 237.52 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 128.13 | 164.49 | 198.28 | 234.64 | 268.43 | 304.79 | 338.58 |
| Camarilla | 212.78 | 219.21 | 225.64 | 232.07 | 238.50 | 244.93 | 251.36 |
| Woodie | 126.85 | 163.85 | 197.00 | 234.00 | 267.15 | 304.15 | 337.30 |
| Fibonacci | 164.49 | 191.29 | 207.84 | 234.64 | 261.44 | 277.99 | 304.79 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 59.78 | |
| MACD (12,26,9): | 0.8600 | |
| Directional Movement: | 5.01 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 219.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 217.50 | |
| Elder Ray (13): | 0.87 | |
| Super Trend (3,10): | 216.83 | |
| Zig ZAG (10): | 220.32 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 90.67 | |
| TEMA (21): | 220.79 | |
| Williams %R (14): | -10.83 | |
| Chande Momentum Oscillator (20): | 2.93 | |
| Repulse (5,40,3): | 0.1500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 2.32 |
| MA7: | 218.33 | |
| MA20: | 211.82 | |
| MA50: | 218.05 | |
| MA100: | 195.12 | |
| MAexp7: | 219.97 | |
| MAexp20: | 218.96 | |
| MAexp50: | 218.45 | |
| MAexp100: | 218.23 | |
| Price / MA7: | +0.91% | |
| Price / MA20: | +4.01% | |
| Price / MA50: | +1.04% | |
| Price / MA100: | +12.92% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | +0.62% | |
| Price / MAexp50: | +0.86% | |
| Price / MAexp100: | +0.96% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on TESLA INC. at the time of the analysis were as follows:
-
EU cuts planned tariff on China-made Tesla vehicles: What does it mean for prices?
-
EU cuts planned tariff on China-made Tesla vehicles: What does it mean for prices?
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Tesla, Inc. - TSLA
-
How BYD, Nio And Other Chinese EVs Compare To Tesla
-
Tesla halts orders for the $61K Cybertruck, cheapest version now $100K #shorts
This member declared not having a position on this financial instrument or a related financial instrument.
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