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 03/30/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
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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: Strongly bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 619.62 USD
My targets
587.47 USD (-3.90%)
563.00 USD (-7.90%)
My analysis
The bearish trend is currently very strong for TESLA INC.. As long as the price remains below the resistance at 619.62 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 587.47 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 563.00 USD as an objective. Crossing it would then enable sellers to target 539.49 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.1

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 abuabbas. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The TESLA INC. rating is 611.29 USD. The price registered a decrease of -1.20% on the session and was traded between 596.02 USD and 616.48 USD over the period. The price is currently at +2.56% from its lowest and -0.84% from its highest.

596.02
616.48
611.29

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this 1H chart of TESLA INC. indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

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


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 498.32 539.49 563.00 611.29 619.62 651.52 707.94
Change (%) -18.48% -11.75% -7.90% - +1.36% +6.58% +15.81%
Change -112.97 -71.80 -48.29 - +8.33 +40.23 +96.65
Level Major Intermediate Intermediate - Intermediate 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
Standard578.92587.47599.38607.93619.84628.39640.30
Camarilla605.66607.54609.42611.29613.17615.04616.92
Woodie580.60588.31601.06608.77621.52629.23641.98
Fibonacci587.47595.29600.11607.93615.75620.57628.39


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard578.92587.47599.38607.93619.84628.39640.30
Camarilla605.66607.54609.42611.29613.17615.04616.92
Woodie580.60588.31601.06608.77621.52629.23641.98
Fibonacci587.47595.29600.11607.93615.75620.57628.39


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard308.83464.17569.83725.17830.83986.171,091.83
Camarilla603.73627.65651.58675.50699.43723.35747.28
Woodie284.00451.75545.00712.75806.00973.751,067.00
Fibonacci464.17563.87625.47725.17824.87886.47986.17

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): 38.93
MACD (12,26,9): -11.5300
Directional Movement: -10.72
AROON (14): -64.29
DEMA (21): 604.18
Parabolic SAR (0,02-0,02-0,2): 619.01
Elder Ray (13): -3.12
Super Trend (3,10): 642.82
Zig ZAG (10): 611.29
VORTEX (21): 0.9100
Stochastique (14,3,5): 25.93
TEMA (21): 602.15
Williams %R (14): -68.05
Chande Momentum Oscillator (20): -23.93
Repulse (5,40,3): 0.4300
ROCnROLL: 2
TRIX (15,9): -0.2800
Courbe Coppock: 7.63
MA7: 641.10
MA20: 654.22
MA50: 747.28
MA100: 676.07
MAexp7: 609.89
MAexp20: 619.91
MAexp50: 638.88
MAexp100: 655.71
Price / MA7: -4.65%
Price / MA20: -6.56%
Price / MA50: -18.20%
Price / MA100: -9.58%
Price / MAexp7: +0.23%
Price / MAexp20: -1.39%
Price / MAexp50: -4.32%
Price / MAexp100: -6.77%

Quotes : 2021-03-29 19:59:59 - 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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