TESLA INC. - Daily - Technical analysis published on 12/16/2021 (GMT)
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- 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 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
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This analysis was given by sebanja. Take part yourself by sharing additional analysis on another time unit:
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.
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:
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:
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
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:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 892.74 | 910.50 | 943.24 | 961.00 | 993.74 | 1,011.50 | 1,044.24 |
Camarilla | 962.10 | 966.73 | 971.36 | 975.99 | 980.62 | 985.25 | 989.88 |
Woodie | 900.24 | 914.25 | 950.74 | 964.75 | 1,001.24 | 1,015.25 | 1,051.74 |
Fibonacci | 910.50 | 929.79 | 941.71 | 961.00 | 980.29 | 992.21 | 1,011.50 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 832.35 | 891.42 | 954.23 | 1,013.30 | 1,076.11 | 1,135.18 | 1,197.99 |
Camarilla | 983.51 | 994.69 | 1,005.86 | 1,017.03 | 1,028.20 | 1,039.38 | 1,050.55 |
Woodie | 834.21 | 892.36 | 956.09 | 1,014.24 | 1,077.97 | 1,136.12 | 1,199.85 |
Fibonacci | 891.42 | 937.98 | 966.75 | 1,013.30 | 1,059.86 | 1,088.63 | 1,135.18 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 736.19 | 857.39 | 1,001.08 | 1,122.28 | 1,265.97 | 1,387.17 | 1,530.86 |
Camarilla | 1,071.92 | 1,096.20 | 1,120.48 | 1,144.76 | 1,169.04 | 1,193.32 | 1,217.61 |
Woodie | 747.43 | 863.01 | 1,012.32 | 1,127.90 | 1,277.21 | 1,392.79 | 1,542.10 |
Fibonacci | 857.39 | 958.58 | 1,021.10 | 1,122.28 | 1,223.47 | 1,285.99 | 1,387.17 |
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 :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on TESLA INC.. At the time of publication of this analysis, the latest news was as follows:
- Tesla under fire while Mercedes self-driving car gets greenlight
- Tesla Will Accept DOGE For Merchandise | CoinMarketCap Went Crazy
- 'Dumbfounded’ driver discovers you can play games while driving the Tesla Model 3
- The Crypto Report: Tesla to accept Dogecoin as payment, Brazil stock exchange to join crypto world
- Tesla CEO Elon Musk named Time Person of the Year
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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