TESLA INC. - Daily - Technical analysis published on 10/14/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 251.59 USD
My targets
265.05 USD (+3.15%)
284.78 USD (+10.83%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TESLA INC. as long as the price remains well above 251.59 USD. The buyers” bullish objective is set at 265.05 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 284.78 USD. If there is any crossing, the next objective would be the resistance located at 320.62 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TESLA INC. rating 256.96 USD. The price registered an increase of +3.66% on the session with the lowest point at 247.13 USD and the highest point at 258.55 USD. The deviation from the price is +3.98% for the low point and -0.61% for the high point.247.13
258.55
256.96
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
Technical
Technical analysis of TESLA INC. in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Resistance of triangle is broken
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 | 212.17 | 227.36 | 251.59 | 256.96 | 265.05 | 284.78 | 320.62 |
| Change (%) | -17.43% | -11.52% | -2.09% | - | +3.15% | +10.83% | +24.77% |
| Change | -44.79 | -29.60 | -5.37 | - | +8.09 | +27.82 | +63.66 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Major | Intermediate |
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 | 241.84 | 244.32 | 246.11 | 248.59 | 250.38 | 252.86 | 254.65 |
| Camarilla | 246.72 | 247.11 | 247.50 | 247.89 | 248.28 | 248.67 | 249.06 |
| Woodie | 241.49 | 244.15 | 245.76 | 248.42 | 250.03 | 252.69 | 254.30 |
| Fibonacci | 244.32 | 245.95 | 246.96 | 248.59 | 250.22 | 251.23 | 252.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 211.40 | 219.98 | 233.93 | 242.51 | 256.46 | 265.04 | 278.99 |
| Camarilla | 241.69 | 243.76 | 245.83 | 247.89 | 249.96 | 252.02 | 254.09 |
| Woodie | 214.10 | 221.32 | 236.63 | 243.85 | 259.16 | 266.38 | 281.69 |
| Fibonacci | 219.98 | 228.58 | 233.90 | 242.51 | 251.11 | 256.43 | 265.04 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 186.51 | 202.44 | 221.65 | 237.58 | 256.79 | 272.72 | 291.93 |
| Camarilla | 231.21 | 234.43 | 237.65 | 240.87 | 244.09 | 247.31 | 250.53 |
| Woodie | 188.16 | 203.26 | 223.30 | 238.40 | 258.44 | 273.54 | 293.58 |
| Fibonacci | 202.44 | 215.86 | 224.15 | 237.58 | 251.00 | 259.29 | 272.72 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 64.56 | |
| MACD (12,26,9): | 3.7400 | |
| Directional Movement: | 11.28 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 245.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 224.11 | |
| Elder Ray (13): | 9.64 | |
| Super Trend (3,10): | 225.83 | |
| Zig ZAG (10): | 256.96 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 90.54 | |
| TEMA (21): | 247.60 | |
| Williams %R (14): | -3.96 | |
| Chande Momentum Oscillator (20): | 14.40 | |
| Repulse (5,40,3): | 5.5100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 5.11 |
| MA7: | 243.33 | |
| MA20: | 240.92 | |
| MA50: | 233.07 | |
| MA100: | 228.66 | |
| MAexp7: | 246.22 | |
| MAexp20: | 241.14 | |
| MAexp50: | 236.88 | |
| MAexp100: | 238.69 | |
| Price / MA7: | +5.60% | |
| Price / MA20: | +6.66% | |
| Price / MA50: | +10.25% | |
| Price / MA100: | +12.38% | |
| Price / MAexp7: | +4.36% | |
| Price / MAexp20: | +6.56% | |
| Price / MAexp50: | +8.48% | |
| Price / MAexp100: | +7.65% |
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 Announces Date for Third Quarter 2019 Financial Results and Webcast
-
Tesla Teases Customizable Vehicle Sounds
- American Battery Metals Corporation Appoints Ryan Melsert, Formerly at Tesla, as its Chief Technology Officer
-
Tesla Shares Fall 7%
-
Tesla Deliveries Miss Target, Shares Decline 6%
This member declared not having a position on this financial instrument or a related financial instrument.
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