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 08/03/2021 (GMT)

  • 262
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - 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
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 688.72 USD
My targets
762.32 USD (+7.37%)
826.16 USD (+16.36%)
My analysis
TESLA INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 688.72 USD. The next resistance located at 762.32 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 826.16 USD. After this resistance, buyers could then target 883.09 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
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 nnagarajayya. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

TESLA INC. rating 710.02 USD. The price has increased by +0.05% since the last closing and was traded between 701.01 USD and 722.65 USD over the period. The price is currently at +1.29% from its lowest and -1.75% from its highest.

701.01
722.65
710.02

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

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 strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near resistance of triangle

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



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

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 563.00 643.41 688.72 710.02 762.32 826.16 883.09
Change (%) -20.71% -9.38% -3.00% - +7.37% +16.36% +24.38%
Change -147.02 -66.61 -21.30 - +52.30 +116.14 +173.07
Level Major Major Major - Intermediate Minor Major



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
Standard667.86683.13696.40711.67724.94740.21753.48
Camarilla701.82704.44707.05709.67712.29714.90717.52
Woodie666.86682.63695.40711.17723.94739.71752.48
Fibonacci683.13694.03700.77711.67722.57729.31740.21


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard573.49600.37643.78670.66714.07740.95784.36
Camarilla667.87674.31680.76687.20693.64700.09706.53
Woodie581.77604.50652.06674.79722.35745.08792.64
Fibonacci600.37627.22643.81670.66697.51714.10740.95


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard558.90589.68638.44669.22717.98748.76797.52
Camarilla665.33672.62679.91687.20694.49701.78709.07
Woodie567.89594.18647.43673.72726.97753.26806.51
Fibonacci589.68620.06638.84669.22699.60718.38748.76

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): 66.56
MACD (12,26,9): 11.6800
Directional Movement: 15.35
AROON (14): 71.43
DEMA (21): 680.47
Parabolic SAR (0,02-0,02-0,2): 631.62
Elder Ray (13): 38.47
Super Trend (3,10): 635.14
Zig ZAG (10): 711.34
VORTEX (21): 1.0100
Stochastique (14,3,5): 85.37
TEMA (21): 687.55
Williams %R (14): -14.36
Chande Momentum Oscillator (20): 67.43
Repulse (5,40,3): 1.7300
ROCnROLL: 1
TRIX (15,9): 0.1500
Courbe Coppock: 6.29
MA7: 676.19
MA20: 662.27
MA50: 642.80
MA100: 655.16
MAexp7: 684.22
MAexp20: 666.81
MAexp50: 656.11
MAexp100: 653.26
Price / MA7: +5.00%
Price / MA20: +7.21%
Price / MA50: +10.46%
Price / MA100: +8.37%
Price / MAexp7: +3.77%
Price / MAexp20: +6.48%
Price / MAexp50: +8.22%
Price / MAexp100: +8.69%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

About author

Online

Overall rating :
15090
Number of analyses :
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. - Daily