TESLA INC. - 1H - Technical analysis published on 06/15/2022 (GMT)
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- Timeframe : 1H
- - 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:
Strongly bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 680.33 USD
My targets
628.16 USD (-4.66%)
581.84 USD (-11.69%)
My analysis
The bearish trend is currently very strong for TESLA INC.. As long as the price remains below the resistance at 680.33 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 628.16 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 581.84 USD as an objective. Crossing it would then enable sellers to target 563.00 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
4.1
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This analysis was given by skyallex. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TESLA INC. rating is 658.87 USD. The price is lower by -0.57% since the last closing and was between 658.04 USD and 666.80 USD. This implies that the price is at +0.13% from its lowest and at -1.19% from its highest.658.04
666.80
658.87
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TESLA INC.:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this TESLA INC. chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 388.04 | 563.00 | 628.16 | 658.87 | 680.33 | 733.80 | 763.70 |
| Change (%) | -41.11% | -14.55% | -4.66% | - | +3.26% | +11.37% | +15.91% |
| Change | -270.83 | -95.87 | -30.71 | - | +21.46 | +74.93 | +104.83 |
| Level | Minor | Major | Major | - | Intermediate | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 595.14 | 615.18 | 638.92 | 658.96 | 682.70 | 702.74 | 726.48 |
| Camarilla | 650.63 | 654.64 | 658.66 | 662.67 | 666.68 | 670.70 | 674.71 |
| Woodie | 597.00 | 616.11 | 640.78 | 659.89 | 684.56 | 703.67 | 728.34 |
| Fibonacci | 615.18 | 631.90 | 642.23 | 658.96 | 675.68 | 686.01 | 702.74 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 581.84 | 632.79 | 664.74 | 715.69 | 747.64 | 798.59 | 830.54 |
| Camarilla | 673.89 | 681.49 | 689.09 | 696.69 | 704.29 | 711.89 | 719.49 |
| Woodie | 572.34 | 628.04 | 655.24 | 710.94 | 738.14 | 793.84 | 821.04 |
| Fibonacci | 632.79 | 664.46 | 684.02 | 715.69 | 747.36 | 766.92 | 798.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 265.79 | 443.18 | 600.72 | 778.11 | 935.65 | 1,113.04 | 1,270.58 |
| Camarilla | 666.15 | 696.86 | 727.56 | 758.26 | 788.96 | 819.66 | 850.37 |
| Woodie | 255.87 | 438.22 | 590.80 | 773.15 | 925.73 | 1,108.08 | 1,260.66 |
| Fibonacci | 443.18 | 571.12 | 650.17 | 778.11 | 906.05 | 985.10 | 1,113.04 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.41 | |
| MACD (12,26,9): | -14.0800 | |
| Directional Movement: | -12.83 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 652.74 | |
| Parabolic SAR (0,02-0,02-0,2): | 639.64 | |
| Elder Ray (13): | -5.57 | |
| Super Trend (3,10): | 688.71 | |
| Zig ZAG (10): | 662.67 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 47.51 | |
| TEMA (21): | 649.49 | |
| Williams %R (14): | -38.55 | |
| Chande Momentum Oscillator (20): | 9.35 | |
| Repulse (5,40,3): | 0.2900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3500 | |
| Courbe Coppock: | 8.13 |
| MA7: | 697.54 | |
| MA20: | 706.70 | |
| MA50: | 840.88 | |
| MA100: | 872.00 | |
| MAexp7: | 661.42 | |
| MAexp20: | 672.28 | |
| MAexp50: | 694.04 | |
| MAexp100: | 711.97 | |
| Price / MA7: | -5.54% | |
| Price / MA20: | -6.77% | |
| Price / MA50: | -21.65% | |
| Price / MA100: | -24.44% | |
| Price / MAexp7: | -0.39% | |
| Price / MAexp20: | -1.99% | |
| Price / MAexp50: | -5.07% | |
| Price / MAexp100: | -7.46% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on TESLA INC. at the time of the generation of this analysis was as follows:
-
Elon Musk changes his tune for Tesla staff
- Distribution of the Tesla Fair Fund Established by the Securities & Exchange Commission
-
Elon Musk has 'a super bad feeling' about the economy - or rather Tesla? | DW News
-
Elon Musk To Require Tesla Workers To Return To Office Full Time
-
Tesla shares continue to free-fall
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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