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 10/24/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

22%

67%

11%

My opinion

Bullish above 225.89 USD

My targets

262.65 USD (+7.69%)

293.54 USD (+20.35%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on TESLA INC. as long as the price remains well above 225.89 USD. The buyers' bullish objective is set at 262.65 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 293.54 USD. If there is any crossing, the next objective would be the resistance located at 381.82 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

1.4

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

Additional analysis

Quotes

TESLA INC. rating 243.90 USD. The price has increased by +14.16% since the last closing with the lowest point at 242.65 USD and the highest point at 245.75 USD. The deviation from the price is +0.52% for the low point and -0.75% for the high point.

242.65

245.75

243.90

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by TESLA INC.:

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

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily 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 shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

On the 18 technical indicators analysed, 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

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

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	191.76	209.39	240.85	243.90	262.65	293.54	381.82
Change (%)	-21.38%	-14.15%	-1.25%	-	+7.69%	+20.35%	+56.55%
Change	-52.14	-34.51	-3.05	-	+18.75	+49.64	+137.92
Level	Intermediate	Major	Intermediate	-	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	204.32	208.22	210.93	214.83	217.54	221.44	224.15
Camarilla	211.83	212.44	213.04	213.65	214.26	214.86	215.47
Woodie	203.74	207.92	210.35	214.53	216.96	221.14	223.57
Fibonacci	208.22	210.74	212.30	214.83	217.35	218.91	221.44

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	204.35	209.05	214.87	219.57	225.39	230.09	235.91
Camarilla	217.81	218.77	219.74	220.70	221.66	222.63	223.59
Woodie	204.92	209.33	215.44	219.85	225.96	230.37	236.48
Fibonacci	209.05	213.07	215.55	219.57	223.59	226.07	230.09

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	170.67	190.16	225.89	245.38	281.11	300.60	336.33
Camarilla	246.45	251.51	256.57	261.63	266.69	271.75	276.82
Woodie	178.80	194.22	234.02	249.44	289.24	304.66	344.46
Fibonacci	190.16	211.25	224.28	245.38	266.47	279.50	300.60

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):	36.46
MACD (12,26,9):	-5.0600
Directional Movement:	-15.19
AROON (14):	-92.86
DEMA (21):	223.53
Parabolic SAR (0,02-0,02-0,2):	238.58
Elder Ray (13):	-9.46
Super Trend (3,10):	238.79
Zig ZAG (10):	213.65
VORTEX (21):	0.7500
Stochastique (14,3,5):	9.66
TEMA (21):	215.84
Williams %R (14):	-96.04
Chande Momentum Oscillator (20):	-27.18
Repulse (5,40,3):	-1.4200
ROCnROLL:	2
TRIX (15,9):	-0.0900
Courbe Coppock:	25.32

MA7:	218.99
MA20:	235.46
MA50:	228.29
MA100:	219.90
MAexp7:	219.78
MAexp20:	228.14
MAexp50:	227.74
MAexp100:	220.52
Price / MA7:	+11.37%
Price / MA20:	+3.58%
Price / MA50:	+6.84%
Price / MA100:	+10.91%
Price / MAexp7:	+10.97%
Price / MAexp20:	+6.91%
Price / MAexp50:	+7.10%
Price / MAexp100:	+10.60%

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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