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 09/07/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bullish

Technical indicators

28%

39%

33%

My opinion

Neutral between 191.76 USD and 223.27 USD

My targets

My analysis

The short-term decline on TESLA INC. remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 191.76 USD. The first resistance is located at 223.27 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

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

Additional analysis

Quotes

The TESLA INC. rating is 210.73 USD. The price is lower by -8.45% since the last closing and was traded between 210.51 USD and 233.60 USD over the period. The price is currently at +0.10% from its lowest and -9.79% from its highest.

210.51

233.60

210.73

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 an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near support of channel

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

Horizontal support is broken

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	180.44	191.76	209.39	210.73	223.27	234.90	246.86
Change (%)	-14.37%	-9.00%	-0.64%	-	+5.95%	+11.47%	+17.15%
Change	-30.29	-18.97	-1.34	-	+12.54	+24.17	+36.13
Level	Intermediate	Major	Major	-	Major	Intermediate	Minor

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	179.97	195.27	203.00	218.30	226.03	241.33	249.06
Camarilla	204.40	206.51	208.62	210.73	212.84	214.95	217.06
Woodie	176.19	193.38	199.22	216.41	222.25	239.44	245.28
Fibonacci	195.27	204.07	209.50	218.30	227.10	232.53	241.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	176.55	193.10	201.91	218.46	227.27	243.82	252.63
Camarilla	203.76	206.08	208.41	210.73	213.06	215.38	217.70
Woodie	172.69	191.17	198.05	216.53	223.41	241.89	248.77
Fibonacci	193.10	202.78	208.77	218.46	228.14	234.13	243.82

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	136.91	159.46	186.78	209.33	236.65	259.20	286.52
Camarilla	200.40	204.97	209.54	214.11	218.68	223.25	227.82
Woodie	139.31	160.65	189.18	210.52	239.05	260.39	288.92
Fibonacci	159.46	178.51	190.28	209.33	228.38	240.15	259.20

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):	47.94
MACD (12,26,9):	0.0600
Directional Movement:	-0.75
AROON (14):	35.72
DEMA (21):	214.19
Parabolic SAR (0,02-0,02-0,2):	203.24
Elder Ray (13):	7.29
Super Trend (3,10):	233.12
Zig ZAG (10):	210.73
VORTEX (21):	1.0300
Stochastique (14,3,5):	58.61
TEMA (21):	214.20
Williams %R (14):	-74.88
Chande Momentum Oscillator (20):	-10.37
Repulse (5,40,3):	-11.6600
ROCnROLL:	2
TRIX (15,9):	-0.1000
Courbe Coppock:	4.64

MA7:	213.86
MA20:	212.72
MA50:	223.16
MA100:	198.98
MAexp7:	215.80
MAexp20:	214.68
MAexp50:	212.79
MAexp100:	207.35
Price / MA7:	-1.46%
Price / MA20:	-0.94%
Price / MA50:	-5.57%
Price / MA100:	+5.91%
Price / MAexp7:	-2.35%
Price / MAexp20:	-1.84%
Price / MAexp50:	-0.97%
Price / MAexp100:	+1.63%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on TESLA INC.. At the time of publication of this analysis, the latest news was as follows:

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

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