Post an Analysis Request an analysis AI Londinia analysis
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 12/22/2020 (GMT)

  • 267
  • 0
Londinia
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

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: Strongly bearish
De fond: Slightly bullish
Technical indicators
11%
78%
11%
My opinion
Bearish under 649.88 USD
My targets
606.87 USD (-2.94%)
566.04 USD (-9.47%)
My analysis
The strong short-term decline in TESLA INC. calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 649.88 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 606.87 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 566.04 USD as an objective. Crossing it would then enable sellers to target 498.32 USD. Be careful, a return to above 649.88 USD could jeopardize the reversal.

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
2.5

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.

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

Additional analysis

Quotes

TESLA INC. rating 625.28 USD. On the day, this instrument lost -3.78% with the lowest point at 614.23 USD and the highest point at 649.88 USD. The deviation from the price is +1.80% for the low point and -3.79% for the high point.

614.23
649.88
625.28

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by TESLA INC.:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a 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 slightly bullish. 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 scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 498.32 566.04 606.87 625.28 649.88 684.75
Change (%) -20.30% -9.47% -2.94% - +3.93% +9.51%
Change -126.96 -59.24 -18.41 - +24.60 +59.47
Level Major Intermediate Major - Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard618.69632.38641.12654.81663.55677.24685.98
Camarilla643.69645.75647.80649.86651.92653.97656.03
Woodie616.22631.14638.65653.57661.08676.00683.51
Fibonacci632.38640.95646.24654.81663.38668.67677.24


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard545.00575.00635.00665.00725.00755.00815.00
Camarilla670.25678.50686.75695.00703.25711.50719.75
Woodie560.00582.50650.00672.50740.00762.50830.00
Fibonacci575.00609.38630.62665.00699.38720.62755.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard221.83307.07437.33522.57652.83738.07868.33
Camarilla508.34528.09547.85567.60587.35607.11626.86
Woodie244.35318.33459.85533.83675.35749.33890.85
Fibonacci307.07389.39440.25522.57604.89655.75738.07

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): 31.05
MACD (12,26,9): -2.6800
Directional Movement: -23.54
AROON (14): -85.72
DEMA (21): 645.84
Parabolic SAR (0,02-0,02-0,2): 669.88
Elder Ray (13): -18.84
Super Trend (3,10): 658.68
Zig ZAG (10): 622.16
VORTEX (21): 0.9000
Stochastique (14,3,5): 10.48
TEMA (21): 637.14
Williams %R (14): -89.48
Chande Momentum Oscillator (20): -50.84
Repulse (5,40,3): -3.0200
ROCnROLL: 2
TRIX (15,9): 0.0900
Courbe Coppock: 7.64
MA7: 645.50
MA20: 614.02
MA50: 505.57
MA100: 449.53
MAexp7: 636.32
MAexp20: 646.05
MAexp50: 639.57
MAexp100: 618.26
Price / MA7: -3.13%
Price / MA20: +1.83%
Price / MA50: +23.68%
Price / MA100: +39.10%
Price / MAexp7: -1.73%
Price / MAexp20: -3.21%
Price / MAexp50: -2.23%
Price / MAexp100: +1.14%

Quotes : 2020-12-22 18:15:22 - 15 min delayed data - NASDAQ Stocks

News


The latest news and videos published on TESLA INC. at the time of the analysis were as follows:

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

About author

Londinia
Londinia AI

Online

Overall rating :
15120
Number of analyses :
74007
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

no pic

Comments

0 comments on the analysis TESLA INC. - 1H

NEW !