TESLA INC. - 1H - Technical analysis published on 01/02/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 409.60 USD
My targets
377.76 USD (-2.78%)
350.85 USD (-9.71%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on TESLA INC. as long as the price remains well below 409.60 USD. The sellers' bearish objective is set at 377.76 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 350.85 USD. In case of crossing, the next objective would be the support located at 326.59 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.5
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. rating is 388.58 USD. The price registered a decrease of -3.78% on the session with the lowest point at 373.40 USD and the highest point at 392.73 USD. The deviation from the price is +4.07% for the low point and -1.06% for the high point.373.40
392.73
388.58
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TESLA INC.:
Technical
Technical analysis of TESLA INC. in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 20
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Downside gap
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 326.59 | 350.85 | 377.76 | 388.58 | 409.97 | 447.08 | 462.25 |
| Change (%) | -15.95% | -9.71% | -2.78% | - | +5.50% | +15.05% | +18.96% |
| Change | -61.99 | -37.73 | -10.82 | - | +21.39 | +58.50 | +73.67 |
| Level | Major | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 369.55 | 386.05 | 394.94 | 411.44 | 420.33 | 436.83 | 445.72 |
| Camarilla | 396.86 | 399.19 | 401.51 | 403.84 | 406.17 | 408.50 | 410.82 |
| Woodie | 365.76 | 384.15 | 391.15 | 409.54 | 416.54 | 434.93 | 441.93 |
| Fibonacci | 386.05 | 395.75 | 401.74 | 411.44 | 421.14 | 427.13 | 436.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 359.68 | 387.55 | 409.60 | 437.47 | 459.52 | 487.39 | 509.44 |
| Camarilla | 417.93 | 422.51 | 427.08 | 431.66 | 436.24 | 440.81 | 445.39 |
| Woodie | 356.78 | 386.10 | 406.70 | 436.02 | 456.62 | 485.94 | 506.54 |
| Fibonacci | 387.55 | 406.62 | 418.40 | 437.47 | 456.54 | 468.32 | 487.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 198.17 | 273.19 | 338.51 | 413.53 | 478.85 | 553.87 | 619.19 |
| Camarilla | 365.25 | 378.11 | 390.98 | 403.84 | 416.71 | 429.57 | 442.43 |
| Woodie | 193.33 | 270.77 | 333.67 | 411.11 | 474.01 | 551.45 | 614.35 |
| Fibonacci | 273.19 | 326.80 | 359.92 | 413.53 | 467.14 | 500.26 | 553.87 |
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): | 18.52 | |
| MACD (12,26,9): | -10.8000 | |
| Directional Movement: | -35.74 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 404.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 418.48 | |
| Elder Ray (13): | -24.79 | |
| Super Trend (3,10): | 413.02 | |
| Zig ZAG (10): | 378.79 | |
| VORTEX (21): | 0.6800 | |
| Stochastique (14,3,5): | 7.99 | |
| TEMA (21): | 396.52 | |
| Williams %R (14): | -98.19 | |
| Chande Momentum Oscillator (20): | -47.24 | |
| Repulse (5,40,3): | -6.7900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2700 | |
| Courbe Coppock: | 11.22 |
| MA7: | 424.97 | |
| MA20: | 420.45 | |
| MA50: | 349.46 | |
| MA100: | 288.61 | |
| MAexp7: | 402.37 | |
| MAexp20: | 417.72 | |
| MAexp50: | 428.61 | |
| MAexp100: | 424.20 | |
| Price / MA7: | -8.56% | |
| Price / MA20: | -7.58% | |
| Price / MA50: | +11.19% | |
| Price / MA100: | +34.64% | |
| Price / MAexp7: | -3.44% | |
| Price / MAexp20: | -6.99% | |
| Price / MAexp50: | -9.35% | |
| Price / MAexp100: | -8.41% |
Quotes :
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15 min delayed data
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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:
-
Police investigating possible link between Tesla truck explosion and New Orleans terror attack
-
Tesla Cybertruck explosion in Las Vegas being investigated as possible terror attack
-
Chat GPT, US Dollar and Tesla headline a busy day of data
-
Elon Musk’s Tesla becomes newest $1 trillion company
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Tesla, Inc. - TSLA
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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