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. - 1H - Technical analysis published on 12/23/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
17%
61%
22%
My opinion
Bearish under 442.41 USD
My targets
409.97 USD (-3.84%)
377.76 USD (-11.40%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for TESLA INC. as long as the price remains well below 442.41 USD. The next bearish objective for sellers is set at 409.97 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 377.76 USD. In case of crossing, the next objective would be the support located at 352.56 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 409.97 USD. With this support, against the trend traders who want to buy TESLA INC. on a buy signal from their trading strategy should not hesitate to act.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
1.8

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. Daily Weekly

Additional analysis

Quotes

The TESLA INC. rating is 426.36 USD. The price has increased by +1.26% since the last closing and was between 422.07 USD and 432.80 USD. This implies that the price is at +1.02% from its lowest and at -1.49% from its highest.

422.07
432.80
426.36

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this TESLA INC. chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 352.56 377.76 409.97 426.36 461.11 488.54
Change (%) -17.31% -11.40% -3.84% - +8.15% +14.58%
Change -73.80 -48.60 -16.39 - +34.75 +62.18
Level Major Minor Major - Minor 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
Standard380.67399.15410.11428.59439.55458.03468.99
Camarilla412.96415.66418.36421.06423.76426.46429.16
Woodie376.90397.27406.34426.71435.78456.15465.22
Fibonacci399.15410.40417.35428.59439.84446.79458.03


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard325.39371.51396.29442.41467.19513.31538.09
Camarilla401.56408.06414.56421.06427.56434.06440.56
Woodie314.71366.18385.61437.08456.51507.98527.41
Fibonacci371.51398.60415.33442.41469.50486.23513.31


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): 38.08
MACD (12,26,9): -5.1900
Directional Movement: -17.56
AROON (14): -57.14
DEMA (21): 437.22
Parabolic SAR (0,02-0,02-0,2): 447.08
Elder Ray (13): -8.62
Super Trend (3,10): 463.00
Zig ZAG (10): 421.06
VORTEX (21): 0.8000
Stochastique (14,3,5): 32.31
TEMA (21): 427.81
Williams %R (14): -91.17
Chande Momentum Oscillator (20): -20.33
Repulse (5,40,3): -5.5100
ROCnROLL: 2
TRIX (15,9): -0.1100
Courbe Coppock: 10.71
MA7: 442.08
MA20: 392.14
MA50: 320.57
MA100: 272.93
MAexp7: 434.86
MAexp20: 442.39
MAexp50: 438.16
MAexp100: 416.32
Price / MA7: -3.56%
Price / MA20: +8.73%
Price / MA50: +33.00%
Price / MA100: +56.22%
Price / MAexp7: -1.95%
Price / MAexp20: -3.62%
Price / MAexp50: -2.69%
Price / MAexp100: +2.41%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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