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. - Daily - Technical analysis published on 12/16/2021 (GMT)

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  • Timeframe : Daily
  • - 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 bearish
Underlying: Slightly bullish
Technical indicators
11%
67%
22%
My opinion
Bearish under 1,014.51 USD
My targets
883.09 USD (-5.28%)
761.29 USD (-18.34%)
My analysis
The strong short-term decline in TESLA INC. calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 1,014.51 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 883.09 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 761.29 USD as an objective. Crossing it would then enable sellers to target 710.07 USD. Be careful, a return to above 1,014.51 USD could jeopardize the reversal.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
2.1

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

Additional analysis

Quotes

The TESLA INC. rating is 932.27 USD. On the day, this instrument lost -4.48% with the lowest point at 929.00 USD and the highest point at 994.98 USD. The deviation from the price is +0.35% for the low point and -6.30% for the high point.

929.00
994.98
932.27

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of TESLA INC. indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


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 support of channel

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 710.07 761.29 883.09 932.27 1,014.51 1,081.92 1,156.87
Change (%) -23.83% -18.34% -5.28% - +8.82% +16.05% +24.09%
Change -222.20 -170.98 -49.18 - +82.24 +149.65 +224.60
Level Minor Intermediate Major - Intermediate Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard892.74910.50943.24961.00993.741,011.501,044.24
Camarilla962.10966.73971.36975.99980.62985.25989.88
Woodie900.24914.25950.74964.751,001.241,015.251,051.74
Fibonacci910.50929.79941.71961.00980.29992.211,011.50


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard832.35891.42954.231,013.301,076.111,135.181,197.99
Camarilla983.51994.691,005.861,017.031,028.201,039.381,050.55
Woodie834.21892.36956.091,014.241,077.971,136.121,199.85
Fibonacci891.42937.98966.751,013.301,059.861,088.631,135.18


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard736.19857.391,001.081,122.281,265.971,387.171,530.86
Camarilla1,071.921,096.201,120.481,144.761,169.041,193.321,217.61
Woodie747.43863.011,012.321,127.901,277.211,392.791,542.10
Fibonacci857.39958.581,021.101,122.281,223.471,285.991,387.17

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): 38.45
MACD (12,26,9): -22.2700
Directional Movement: -8.24
AROON (14): -71.43
DEMA (21): 1,010.34
Parabolic SAR (0,02-0,02-0,2): 1,115.07
Elder Ray (13): -48.70
Super Trend (3,10): 1,121.54
Zig ZAG (10): 934.66
VORTEX (21): 0.8900
Stochastique (14,3,5): 11.04
TEMA (21): 957.96
Williams %R (14): -98.62
Chande Momentum Oscillator (20): -212.80
Repulse (5,40,3): -6.1600
ROCnROLL: 2
TRIX (15,9): -0.0400
Courbe Coppock: 22.67
MA7: 988.96
MA20: 1,057.98
MA50: 1,020.74
MA100: 875.16
MAexp7: 982.28
MAexp20: 1,027.59
MAexp50: 998.10
MAexp100: 914.27
Price / MA7: -5.73%
Price / MA20: -11.88%
Price / MA50: -8.67%
Price / MA100: +6.53%
Price / MAexp7: -5.09%
Price / MAexp20: -9.28%
Price / MAexp50: -6.60%
Price / MAexp100: +1.97%

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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