TESLA INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TSLA
ISIN:

TESLA INC. - Weekly - Technical analysis published on 12/19/2024 (GMT)

Timeframe : Weekly
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above

My targets

()

My analysis

The bullish trend is currently very strong on TESLA INC.. As long as the price remains above the support at , you could try to benefit from the boom. The first bullish objective is located at . The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at as an objective. 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

8.9

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

Additional analysis

Quotes

The TESLA INC. price is 442.05 USD. Over 5 days, this instrument gained +5.73% and has been traded over the last 5 days between 436.15 USD and 483.99 USD. This implies that the 5 day price is +1.35% from its lowest point and -8.67% from its highest point.

436.15

483.99

442.05

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Weekly 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.

In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Weekly

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Weekly

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Weekly

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner found no further results concerning independent technical indicators.

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

Near horizontal support

Type : Bullish

Timeframe : Weekly

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

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	262.65	293.54	409.97	442.05
Change (%)	-40.58%	-33.60%	-7.26%	-
Change	-179.40	-148.51	-32.08	-
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
Standard	353.72	390.36	415.25	451.89	476.78	513.42	538.31
Camarilla	423.21	428.85	434.49	440.13	445.77	451.41	457.05
Woodie	347.84	387.42	409.37	448.95	470.90	510.48	532.43
Fibonacci	390.36	413.87	428.39	451.89	475.40	489.92	513.42

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	339.10	358.56	397.39	416.85	455.68	475.14	513.97
Camarilla	420.20	425.54	430.89	436.23	441.57	446.92	452.26
Woodie	348.80	363.40	407.09	421.69	465.38	479.98	523.67
Fibonacci	358.56	380.82	394.58	416.85	439.11	452.87	475.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	145.67	192.27	268.72	315.32	391.77	438.37	514.82
Camarilla	311.32	322.60	333.88	345.16	356.44	367.72	379.00
Woodie	160.59	199.73	283.64	322.78	406.69	445.83	529.74
Fibonacci	192.27	239.28	268.32	315.32	362.33	391.37	438.37

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	79.52
MACD (12,26,9):	53.0800
Directional Movement:	41.44
AROON (14):	57.14
DEMA (21):	365.42
Parabolic SAR (0,02-0,02-0,2):	311.61
Elder Ray (13):	122.03
Super Trend (3,10):	335.96
Zig ZAG (10):	450.05
VORTEX (21):	1.2600
Stochastique (14,3,5):	95.09
TEMA (21):	404.61
Williams %R (14):	-14.86
Chande Momentum Oscillator (20):	186.49
Repulse (5,40,3):	15.7400
ROCnROLL:	1
TRIX (15,9):	2.0900
Courbe Coppock:	129.32

MA7:	443.64
MA20:	388.71
MA50:	317.19
MA100:	271.17
MAexp7:	378.93
MAexp20:	305.32
MAexp50:	255.66
MAexp100:	236.11
Price / MA7:	-0.36%
Price / MA20:	+13.72%
Price / MA50:	+39.36%
Price / MA100:	+63.02%
Price / MAexp7:	+16.66%
Price / MAexp20:	+44.78%
Price / MAexp50:	+72.91%
Price / MAexp100:	+87.22%

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.

About author

Londinia AI

Online

Overall rating :

15354

Number of analyses :

86984

Followers :

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…