USA - NYSEARCA:TESL - US82889N8891 - ETF
Taking everything into account, TESL scores 7 out of 10 in our technical rating. Although TESL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
TESL has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
21.64
We found 4 important support areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TESL is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TESL is up. |
ChartMill Relative Strength | 0 | NEGATIVE | TESL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TESL is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TESL is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 61.1 | NEUTRAL | The RSI value for TESL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TESL has a negative trend. |
Stochastics (14,3) | 66.09 | NEUTRAL | The Stochastics value for TESL is a neutral value. |
Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for TESL suggests some volalility. |
Average Directional Index/ADX (14) | 38.21 | POSITIVE | The high ADX value value for TESL suggests a strong trend. |
29.77
+0.19 (+0.64%)