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. - Daily - Technical analysis published on 01/07/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

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 bullish
De fond: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 695.00 USD
My targets
769.19 USD (+1.75%)
832.71 USD (+10.15%)
My analysis
The bullish trend is currently very strong on TESLA INC.. As long as the price remains above the support at 695.00 USD, you could try to benefit from the boom. The first bullish objective is located at 769.19 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 832.71 USD as an objective. Crossing it would then enable buyers to target 946.70 USD. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

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 Simon1. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The TESLA INC. rating is 755.98 USD. On the day, this instrument gained +2.84% and was traded between 749.10 USD and 774.00 USD over the period. The price is currently at +0.92% from its lowest and -2.33% from its highest.

749.10
774.00
755.98

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of TESLA INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Near horizontal support

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 388.04 498.32 695.00 755.98
Change (%) -48.67% -34.08% -8.07% -
Change -367.94 -257.66 -60.98 -
Level Intermediate Major Minor -



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
Standard700.95710.08722.59731.72744.23753.36765.87
Camarilla729.16731.14733.13735.11737.09739.08741.06
Woodie702.65710.93724.29732.57745.93754.21767.57
Fibonacci710.08718.34723.45731.72739.98745.09753.36


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard603.82629.41667.54693.13731.26756.85794.98
Camarilla688.15693.99699.83705.67711.51717.35723.19
Woodie610.09632.55673.81696.27737.53759.99801.25
Fibonacci629.41653.75668.79693.13717.47732.51756.85


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard414.17477.69591.68655.20769.19832.71946.70
Camarilla656.86673.13689.40705.67721.94738.21754.49
Woodie439.41490.31616.92667.82794.43845.33971.94
Fibonacci477.69545.50587.39655.20723.01764.90832.71

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): 74.79
MACD (12,26,9): 48.1600
Directional Movement: 29.43
AROON (14): 92.86
DEMA (21): 728.14
Parabolic SAR (0,02-0,02-0,2): 639.26
Elder Ray (13): 72.18
Super Trend (3,10): 664.42
Zig ZAG (10): 755.98
VORTEX (21): 1.1300
Stochastique (14,3,5): 90.69
TEMA (21): 736.96
Williams %R (14): -10.66
Chande Momentum Oscillator (20): 100.08
Repulse (5,40,3): 1.9400
ROCnROLL: 1
TRIX (15,9): 1.1200
Courbe Coppock: 23.85
MA7: 707.28
MA20: 664.36
MA50: 552.74
MA100: 485.57
MAexp7: 714.61
MAexp20: 664.53
MAexp50: 582.82
MAexp100: 496.54
Price / MA7: +6.89%
Price / MA20: +13.79%
Price / MA50: +36.77%
Price / MA100: +55.69%
Price / MAexp7: +5.79%
Price / MAexp20: +13.76%
Price / MAexp50: +29.71%
Price / MAexp100: +52.25%

Quotes : 2021-01-06 20:59:59 - 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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