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. - Daily - Technical analysis published on 12/18/2024 (GMT)

  • 89
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 438.37 USD
My targets
514.82 USD (+7.28%)
My analysis
The bullish trend is currently very strong on TESLA INC.. As long as the price remains above the support at 438.37 USD, you could try to benefit from the boom. The first bullish objective is located at 514.82 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
0
10
9.1

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 althani. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

TESLA INC. rating 479.86 USD. The price has increased by +3.64% since the last closing and was between 457.51 USD and 483.99 USD. This implies that the price is at +4.89% from its lowest and at -0.85% from its highest.

457.51
483.99
479.86

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

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 several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of TESLA INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly 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.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily


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:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 293.54 352.56 409.97 479.86
Change (%) -38.83% -26.53% -14.56% -
Change -186.32 -127.30 -69.89 -
Level Major Major 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
Standard437.10447.31463.58473.79490.06500.27516.54
Camarilla472.58475.01477.43479.86482.29484.72487.14
Woodie440.14448.83466.62475.31493.10501.79519.58
Fibonacci447.31457.42463.67473.79483.90490.15500.27


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard339.10358.56397.39416.85455.68475.14513.97
Camarilla420.20425.54430.89436.23441.57446.92452.26
Woodie348.80363.40407.09421.69465.38479.98523.67
Fibonacci358.56380.82394.58416.85439.11452.87475.14


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard145.67192.27268.72315.32391.77438.37514.82
Camarilla311.32322.60333.88345.16356.44367.72379.00
Woodie160.59199.73283.64322.78406.69445.83529.74
Fibonacci192.27239.28268.32315.32362.33391.37438.37

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): 83.68
MACD (12,26,9): 40.5400
Directional Movement: 46.31
AROON (14): 92.86
DEMA (21): 437.57
Parabolic SAR (0,02-0,02-0,2): 392.92
Elder Ray (13): 61.62
Super Trend (3,10): 411.80
Zig ZAG (10): 479.86
VORTEX (21): 1.3300
Stochastique (14,3,5): 99.06
TEMA (21): 454.47
Williams %R (14): -2.62
Chande Momentum Oscillator (20): 134.70
Repulse (5,40,3): 11.2200
ROCnROLL: 1
TRIX (15,9): 1.4500
Courbe Coppock: 52.76
MA7: 430.39
MA20: 378.65
MA50: 309.11
MA100: 266.82
MAexp7: 435.36
MAexp20: 387.28
MAexp50: 331.38
MAexp100: 288.68
Price / MA7: +11.49%
Price / MA20: +26.73%
Price / MA50: +55.24%
Price / MA100: +79.84%
Price / MAexp7: +10.22%
Price / MAexp20: +23.91%
Price / MAexp50: +44.81%
Price / MAexp100: +66.23%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

About author

Online

Overall rating :
15474
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis TESLA INC. - Daily