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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 04/06/2021 (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: Bullish
De fond: Bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 650.97 USD
My targets
707.94 USD (+2.36%)
793.53 USD (+14.73%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on TESLA INC. as long as the price remains well above 650.97 USD. The buyers” bullish objective is set at 707.94 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 793.53 USD. If there is any crossing, the next objective would be the resistance located at 883.09 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.4

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.

nnagarajayya
This analysis was given by nnagarajayya. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

TESLA INC. rating 691.62 USD. The price has increased by +0.08% since the last closing and was between 681.37 USD and 696.55 USD. This implies that the price is at +1.50% from its lowest and at -0.71% from its highest.

681.37
696.55
691.62

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:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this TESLA INC. chart shows a bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily



In fact, 12 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily


RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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 : Daily


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 498.32 563.00 650.97 691.62 707.94 793.53 883.09
Change (%) -27.95% -18.60% -5.88% - +2.36% +14.73% +27.68%
Change -193.30 -128.62 -40.65 - +16.32 +101.91 +191.47
Level Major Intermediate Intermediate - Intermediate Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard667.96674.67683.14689.85698.32705.03713.50
Camarilla687.45688.84690.23691.62693.01694.40695.80
Woodie668.85675.11684.03690.29699.21705.47714.39
Fibonacci674.67680.47684.05689.85695.65699.23705.03


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard502.96546.98604.37648.39705.78749.80807.19
Camarilla633.86643.16652.45661.75671.05680.34689.64
Woodie509.64550.32611.05651.73712.46753.14813.87
Fibonacci546.98585.72609.66648.39687.13711.07749.80


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard382.96461.22564.58642.84746.20824.46927.82
Camarilla617.99634.63651.28667.93684.58701.23717.88
Woodie395.50467.50577.12649.12758.74830.74940.36
Fibonacci461.22530.60573.46642.84712.22755.08824.46

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): 52.73
MACD (12,26,9): -12.1000
Directional Movement: 0.59
AROON (14): 21.43
DEMA (21): 646.87
Parabolic SAR (0,02-0,02-0,2): 593.87
Elder Ray (13): 25.77
Super Trend (3,10): 731.47
Zig ZAG (10): 691.63
VORTEX (21): 1.0400
Stochastique (14,3,5): 76.40
TEMA (21): 654.91
Williams %R (14): -14.11
Chande Momentum Oscillator (20): 38.47
Repulse (5,40,3): -0.9800
ROCnROLL: 1
TRIX (15,9): -0.4800
Courbe Coppock: 3.63
MA7: 654.00
MA20: 665.52
MA50: 729.98
MA100: 688.20
MAexp7: 667.42
MAexp20: 668.26
MAexp50: 690.35
MAexp100: 656.16
Price / MA7: +5.75%
Price / MA20: +3.92%
Price / MA50: -5.25%
Price / MA100: +0.50%
Price / MAexp7: +3.63%
Price / MAexp20: +3.50%
Price / MAexp50: +0.18%
Price / MAexp100: +5.40%

Quotes : 2021-04-06 19:59:59 - 15 min delayed data - NASDAQ Stocks

News


The last news published on TESLA INC. at the time of the generation of this analysis was as follows:

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

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