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 07/15/2020 (GMT)

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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
11%
50%
39%
My opinion
Bullish above 1,430.00 USD
My targets
1,640.37 USD (+10.85%)
1,736.08 USD (+17.32%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 1,430.00 USD remains possible. It is advisable to trade TESLA INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1,430.00 USD. The next bullish objective for buyers is set at 1,640.37 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,736.08 USD. If there is any crossing, the next objective would be the resistance located at 1,794.99 USD. PS: if there is a bearish break in the support located at 1,430.00 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2

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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The TESLA INC. rating is 1,479.78 USD. The price registered a decrease of -2.44% on the session and was traded between 1,474.54 USD and 1,545.00 USD over the period. The price is currently at +0.36% from its lowest and -4.22% from its highest.

1,474.54
1,545.00
1,479.78

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by TESLA INC.:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of TESLA INC. indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

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:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 1,025.05 1,311.34 1,430.00 1,479.78 1,794.99
Change (%) -30.73% -11.38% -3.36% - +21.30%
Change -454.73 -168.44 -49.78 - +315.21
Level Major Minor Minor - Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,276.201,353.601,435.201,512.601,594.201,671.601,753.20
Camarilla1,473.081,487.651,502.231,516.801,531.381,545.951,560.53
Woodie1,278.301,354.651,437.301,513.651,596.301,672.651,755.30
Fibonacci1,353.601,414.341,451.861,512.601,573.341,610.861,671.60


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,074.611,170.321,357.491,453.201,640.371,736.081,923.25
Camarilla1,466.861,492.791,518.721,544.651,570.581,596.511,622.44
Woodie1,120.331,193.191,403.211,476.071,686.091,758.951,968.97
Fibonacci1,170.321,278.381,345.141,453.201,561.261,628.021,736.08


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard693.12773.61926.711,007.201,160.301,240.791,393.89
Camarilla1,015.571,036.991,058.401,079.811,101.221,122.641,144.05
Woodie729.43791.76963.021,025.351,196.611,258.941,430.20
Fibonacci773.61862.84917.971,007.201,096.431,151.561,240.79

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): 50.93
MACD (12,26,9): 19.4100
Directional Movement: -2.91
AROON (14): -50.00
DEMA (21): 1,555.70
Parabolic SAR (0,02-0,02-0,2): 1,605.50
Elder Ray (13): -17.32
Super Trend (3,10): 1,697.67
Zig ZAG (10): 1,503.88
VORTEX (21): 1.0100
Stochastique (14,3,5): 22.11
TEMA (21): 1,522.19
Williams %R (14): -79.60
Chande Momentum Oscillator (20): -163.16
Repulse (5,40,3): -2.1800
ROCnROLL: -1
TRIX (15,9): 0.3800
Courbe Coppock: 10.46
MA7: 1,458.55
MA20: 1,193.77
MA50: 993.01
MA100: 811.07
MAexp7: 1,515.31
MAexp20: 1,519.73
MAexp50: 1,435.63
MAexp100: 1,309.56
Price / MA7: +1.46%
Price / MA20: +23.96%
Price / MA50: +49.02%
Price / MA100: +82.45%
Price / MAexp7: -2.34%
Price / MAexp20: -2.63%
Price / MAexp50: +3.08%
Price / MAexp100: +13.00%

Quotes : 2020-07-15 15:21:03 - 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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