448.96 USD
+3.95 (+0.89%)
449.34 USD
+0.38 (+0.08%)
Taking everything into account, TSLA scores 5 out of 10 in our technical rating. TSLA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month TSLA has a been trading in the 424.37 - 498.83 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
TSLA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TSLA is lagging the market slightly.
TSLA has an average volume of 78166300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TSLA outperforms 51% of them, which is more or less in line with the market.
TSLA is part of the Automobiles industry. There are 35 other stocks in this industry, TSLA did better than 64% of them.
TSLA has an average technical rating and the quality of the presented setup is also not ideal 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
387.17
494.79
When analyzing the support we can see 3 important areas.
- A support zone ranging from 435.32 to 444.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @421.14 from a trend line in the daily time frame.
- A support zone ranging from 391.08 to 391.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @489.89 from a horizontal line in the daily time frame.
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 TSLA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSLA is neutral. |
| ChartMill Relative Strength | 51.4 | NEUTRAL | TSLA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TSLA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TSLA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TSLA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.25 | NEUTRAL | The RSI value for TSLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.85 | NEGATIVE | The MACD value suggests TSLA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.37 | NEUTRAL | The Stochastics value for TSLA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for TSLA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.55 | NEUTRAL | The ADX value for TSLA suggests a possible start of a new trend. |
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)
448.96
+3.95 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg0.89%
1 Week-0.6%
2 Weeks-5.52%
1 Month0.46%
3 Month2.2%
6 Month36.19%
12 Month5.27%
2 Year139.71%
3 Year159.19%
5 Year69.73%
10 Year3422.18%
15 Year27843.6%
Volatility
ATR(14)14.92
ATR(20)%3.87%
ATR Inc14.76%
Range Today16.3
ADR(20)15.64
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.4
3 months CRS53.76
6 months CRS88.46
Mansfield1.33
10 Day High469.4
10 Day Low424.37
20 Day High498.83
20 Day Low424.37
52 Week High498.83
52 Week Low214.25
CS1 End444.77
CR1 Start489.89
Volume & EV
DER(3)5.27%
DER(5)2.38%
Volume61.65M
Volume Incr-10.87%
Vol(5)66.99M
Vol(50)78.17M
TESLA INC / TSLA FAQ
Can you provide the ChartMill technical rating for TESLA INC?
ChartMill assigns a technical rating of 5 / 10 to TSLA.
What is the trend direction for TSLA stock?
The current trend direction for TESLA INC (TSLA) is Bullish.
What is the RSI signal for TSLA stock?
TESLA INC (TSLA) has an RSI value of 49.2539. This indicates that the stock is currently neutral.
What is the short term momentum for TESLA INC (TSLA) stock?
The short term momentum for TESLA INC (TSLA) is neutral.