TESLA INC.
TESLA INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
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High / Low range: -
Type: Stocks
Ticker: TSLA
ISIN:

TESLA INC. - Weekly - Technical analysis published on 04/16/2021 (GMT)

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  • Timeframe : Weekly
  • - 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
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 642.84 USD
My targets
824.46 USD (+11.59%)
883.09 USD (+19.52%)
My analysis
The bullish trend is currently very strong on TESLA INC.. As long as the price remains above the support at 642.84 USD, you could try to benefit from the boom. The first bullish objective is located at 824.46 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 883.09 USD as an objective. 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.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.6

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

Additional analysis

Quotes

TESLA INC. rating 738.85 USD. The price registered an increase of +9.13% over 5 days with the lowest point at 682.09 USD and the highest point at 780.79 USD. The deviation from the price is +8.32% for the low point and -5.37% for the high point.

682.09
780.79
738.85

Here is a more detailed summary of the historical variations registered by TESLA INC.:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Weekly of this TESLA INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Weekly


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Weekly



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

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Weekly



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 183.48 388.04 498.32 738.85 883.09
Change (%) -75.17% -47.48% -32.55% - +19.52%
Change -555.37 -350.81 -240.53 - +144.24
Level Intermediate Intermediate Major - Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard703.16712.24725.54734.62747.92757.00770.30
Camarilla732.70734.75736.80738.85740.90742.95745.01
Woodie705.28713.30727.66735.68750.04758.06772.42
Fibonacci712.24720.79726.07734.62743.17748.45757.00


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard621.33644.93660.97684.57700.61724.21740.25
Camarilla666.12669.75673.39677.02680.65684.29687.92
Woodie617.56643.04657.20682.68696.84722.32736.48
Fibonacci644.93660.07669.42684.57699.71709.06724.21


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): 58.21
MACD (12,26,9): 53.1400
Directional Movement: 3.32
AROON (14): -35.71
DEMA (21): 752.67
Parabolic SAR (0,02-0,02-0,2): 817.60
Elder Ray (13): 41.78
Super Trend (3,10): 922.13
Zig ZAG (10): 738.85
VORTEX (21): 1.0900
Stochastique (14,3,5): 42.41
TEMA (21): 719.21
Williams %R (14): -44.76
Chande Momentum Oscillator (20): -107.79
Repulse (5,40,3): 1.0700
ROCnROLL: 1
TRIX (15,9): 2.1000
Courbe Coppock: 5.72
MA7: 709.60
MA20: 672.80
MA50: 709.93
MA100: 708.03
MAexp7: 691.16
MAexp20: 666.65
MAexp50: 522.46
MAexp100: 371.32
Price / MA7: +4.12%
Price / MA20: +9.82%
Price / MA50: +4.07%
Price / MA100: +4.35%
Price / MAexp7: +6.90%
Price / MAexp20: +10.83%
Price / MAexp50: +41.42%
Price / MAexp100: +98.98%

Quotes : - 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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