TESLA INC. - Daily - Technical analysis published on 09/08/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
39%
28%
My opinion
Bullish above 260.06 USD
My targets
294.36 USD (+3.76%)
309.43 USD (+9.07%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on TESLA INC.. As long as you are above the support located at 260.06 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 294.36 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 309.43 USD as an objective. Crossing it would then enable buyers to target 342.52 USD. If the support 260.06 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2
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Additional analysis
Quotes
TESLA INC. rating 283.70 USD. The price registered an increase of +3.38% on the session and was between 272.27 USD and 283.84 USD. This implies that the price is at +4.20% from its lowest and at -0.05% from its highest.272.27
283.84
283.70
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by TESLA INC.:
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 bullish. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
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.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
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:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
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 | 209.39 | 233.79 | 254.94 | 283.70 | 294.36 | 309.43 | 342.52 |
Change (%) | -26.19% | -17.59% | -10.14% | - | +3.76% | +9.07% | +20.73% |
Change | -74.31 | -49.91 | -28.76 | - | +10.66 | +25.73 | +58.82 |
Level | Minor | Minor | Major | - | Major | Intermediate | Minor |
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 | 264.46 | 268.37 | 276.03 | 279.94 | 287.60 | 291.51 | 299.17 |
Camarilla | 280.52 | 281.58 | 282.64 | 283.70 | 284.76 | 285.82 | 286.88 |
Woodie | 266.35 | 269.31 | 277.92 | 280.88 | 289.49 | 292.45 | 301.06 |
Fibonacci | 268.37 | 272.79 | 275.52 | 279.94 | 284.36 | 287.09 | 291.51 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 239.08 | 252.62 | 261.41 | 274.95 | 283.74 | 297.28 | 306.07 |
Camarilla | 264.07 | 266.12 | 268.16 | 270.21 | 272.26 | 274.30 | 276.35 |
Woodie | 236.72 | 251.43 | 259.05 | 273.76 | 281.38 | 296.09 | 303.71 |
Fibonacci | 252.62 | 261.15 | 266.42 | 274.95 | 283.48 | 288.75 | 297.28 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 217.20 | 244.50 | 260.06 | 287.36 | 302.92 | 330.22 | 345.78 |
Camarilla | 263.82 | 267.75 | 271.68 | 275.61 | 279.54 | 283.47 | 287.40 |
Woodie | 211.32 | 241.57 | 254.18 | 284.43 | 297.04 | 327.29 | 339.90 |
Fibonacci | 244.50 | 260.88 | 270.99 | 287.36 | 303.74 | 313.85 | 330.22 |
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): | 50.33 | |
MACD (12,26,9): | -0.5600 | |
Directional Movement: | -2.82 | |
AROON (14): | -92.86 | |
DEMA (21): | 286.05 | |
Parabolic SAR (0,02-0,02-0,2): | 295.43 | |
Elder Ray (13): | -5.25 | |
Super Trend (3,10): | 305.54 | |
Zig ZAG (10): | 283.70 | |
VORTEX (21): | 0.9100 | |
Stochastique (14,3,5): | 24.06 | |
TEMA (21): | 278.40 | |
Williams %R (14): | -55.94 | |
Chande Momentum Oscillator (20): | -12.97 | |
Repulse (5,40,3): | 4.1100 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1800 | |
Courbe Coppock: | 13.22 |
MA7: | 277.66 | |
MA20: | 290.58 | |
MA50: | 272.02 | |
MA100: | 266.94 | |
MAexp7: | 279.89 | |
MAexp20: | 284.33 | |
MAexp50: | 277.83 | |
MAexp100: | 276.96 | |
Price / MA7: | +2.18% | |
Price / MA20: | -2.37% | |
Price / MA50: | +4.29% | |
Price / MA100: | +6.28% | |
Price / MAexp7: | +1.36% | |
Price / MAexp20: | -0.22% | |
Price / MAexp50: | +2.11% | |
Price / MAexp100: | +2.43% |
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:
- Elektros Announces Initial Delivery of Tesla Vehicles for its Electric Rental Car Operations
- Elon Musk celebrates a Tesla milestone: Varney
- Democrats want to help rich people buy a Tesla: Rep. Budd
- Tesla at a three-month high on 3-1 stock split
- How This Vietnamese Carmaker Is Trying To Beat Tesla In The U.S.
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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