TESLA INC. - Daily - Technical analysis published on 12/21/2021 (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
28%
50%
22%
My opinion
Bearish under 1,014.51 USD
My targets
883.09 USD (-5.91%)
761.29 USD (-18.88%)
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 688.27 USD. Be careful, a return to above 1,014.51 USD could jeopardize the reversal.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
1.4
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Additional analysis
Quotes
TESLA INC. rating 938.53 USD. The price registered an increase of +4.29% on the session and was between 886.12 USD and 939.50 USD. This implies that the price is at +5.91% from its lowest and at -0.10% from its highest.886.12
939.50
938.53
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
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:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of TESLA INC. in Daily shows an overall slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 688.27 | 761.29 | 883.09 | 938.53 | 1,014.51 | 1,081.92 | 1,156.87 |
| Change (%) | -26.67% | -18.88% | -5.91% | - | +8.10% | +15.28% | +23.26% |
| Change | -250.26 | -177.24 | -55.44 | - | +75.98 | +143.39 | +218.34 |
| 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 | 849.89 | 868.00 | 903.27 | 921.38 | 956.65 | 974.76 | 1,010.03 |
| Camarilla | 923.85 | 928.74 | 933.64 | 938.53 | 943.42 | 948.32 | 953.21 |
| Woodie | 858.46 | 872.29 | 911.84 | 925.67 | 965.22 | 979.05 | 1,018.60 |
| Fibonacci | 868.00 | 888.39 | 900.99 | 921.38 | 941.77 | 954.37 | 974.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 796.78 | 852.91 | 892.74 | 948.87 | 988.70 | 1,044.83 | 1,084.66 |
| Camarilla | 906.18 | 914.98 | 923.77 | 932.57 | 941.37 | 950.16 | 958.96 |
| Woodie | 788.63 | 848.84 | 884.59 | 944.80 | 980.55 | 1,040.76 | 1,076.51 |
| Fibonacci | 852.91 | 889.57 | 912.21 | 948.87 | 985.53 | 1,008.17 | 1,044.83 |
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): | 41.34 | |
| MACD (12,26,9): | -33.6700 | |
| Directional Movement: | -7.75 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 966.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,048.15 | |
| Elder Ray (13): | -65.52 | |
| Super Trend (3,10): | 1,075.77 | |
| Zig ZAG (10): | 938.53 | |
| VORTEX (21): | 0.7800 | |
| Stochastique (14,3,5): | 11.45 | |
| TEMA (21): | 913.82 | |
| Williams %R (14): | -76.90 | |
| Chande Momentum Oscillator (20): | -76.44 | |
| Repulse (5,40,3): | 2.3300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2400 | |
| Courbe Coppock: | 27.15 |
| MA7: | 942.70 | |
| MA20: | 1,026.63 | |
| MA50: | 1,028.64 | |
| MA100: | 882.72 | |
| MAexp7: | 948.25 | |
| MAexp20: | 999.97 | |
| MAexp50: | 989.31 | |
| MAexp100: | 914.74 | |
| Price / MA7: | -0.44% | |
| Price / MA20: | -8.58% | |
| Price / MA50: | -8.76% | |
| Price / MA100: | +6.32% | |
| Price / MAexp7: | -1.03% | |
| Price / MAexp20: | -6.14% | |
| Price / MAexp50: | -5.13% | |
| Price / MAexp100: | +2.60% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on TESLA INC. at the time of the analysis were 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
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The Crypto Report: Tesla to accept Dogecoin as payment, Brazil stock exchange to join crypto world
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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
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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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