TESLA INC (TSLA) Stock Technical Analysis
NASDAQ:TSLA - Nasdaq - US88160R1014 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to TSLA. Although TSLA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TSLA is part of the Automobiles industry. There are 40 other stocks in this industry. TSLA outperforms 92% of them.
In the last month TSLA has a been trading in the 214.25 - 294.86 range, which is quite wide. It is currently trading near the high of this range.
TSLA has an average volume of 128536000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Looking at the yearly performance, TSLA did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
TSLA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of TSLA is bad and it also does not present a quality setup 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.
More info and screens
215.62
294.96
We found 5 important support areas.
- Support @246.82 from a trend line in the weekly time frame.
- Support @239.42 from a horizontal line in the weekly time frame.
- Support @233.14 from a trend line in the daily time frame.
- A support zone ranging from 224.74 to 225.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @217.80 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 284.96 to 285.43. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @292.04 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.02
Mansfield0.41
10 Day High294.86
10 Day Low222.79
20 Day High294.86
20 Day Low214.25
52 Week High488.54
52 Week Low167.41
Performance
1 Week8.1%
2 Weeks16.13%
1 Month-0.79%
3 Month-30.67%
6 Month12.67%
12 Month54.82%
2 Year37.56%
3 Year10.99%
5 Year403.93%
10 Year1577.75%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)5.93
RSI(14)55.57
LBB219.87
UBB300.56
280.52
-1.64 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-0.58%
1 Week8.1%
2 Weeks16.13%
1 Month-0.79%
3 Month-30.67%
6 Month12.67%
12 Month54.82%
2 Year37.56%
3 Year10.99%
5 Year403.93%
10 Year1577.75%
15 YearN/A
Volatility
ATR(14)16.57
ATR(20)%7.85%
ATR Inc-20.74%
Range Today11.06
ADR(20)19.42
ADR(20)%6.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.02
Mansfield0.41
10 Day High294.86
10 Day Low222.79
20 Day High294.86
20 Day Low214.25
52 Week High488.54
52 Week Low167.41
CS1 End246.82
CR1 Start284.96
Volume & EV
DER(3)2.14%
DER(5)1.93%
Volume99.66M
Volume Incr-6.87%
Vol(5)131.36M
Vol(50)128.54M