TESLA INC (TSLA)

US88160R1014 - Common Stock

174.72  -3.09 (-1.74%)

Premarket: 173.47 -1.25 (-0.72%)

Technical Rating and Analysis

1

Taking everything into account, TSLA scores 1 out of 10 in our technical rating. TSLA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
72% of all other stocks performed better in the past year than TSLA.
TSLA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
TSLA is part of the Automobiles industry. There are 40 other stocks in this industry. TSLA outperforms 71% of them.
TSLA has an average volume of 101278000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TSLA has a been trading in the 138.80 - 198.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
TSLA Weekly chart
TSLA Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

147.08

266.26

We found 2 important support areas.

  • A support zone ranging from 173.10 to 174.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @148.57 from a trend line in the weekly time frame.

7 important resistance areas can be observed.

  • A resistance zone ranging from 178.45 to 181.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @188.43 from a trend line in the daily time frame.
  • Resistance @194.06 from a horizontal line in the daily time frame.
  • Resistance @219.75 from a trend line in the weekly time frame.
  • Resistance @242.99 from a trend line in the daily time frame.
  • Resistance @259.41 from a trend line in the weekly time frame.
  • Resistance @263.62 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.82
Mansfield-2.99
10 Day High198.87
10 Day Low158.36
20 Day High198.87
20 Day Low138.8
52 Week High299.29
52 Week Low138.8
Performance
1 Week-2.93%
2 Weeks7.77%
1 Month1.72%
3 Month-9.74%
6 Month-18.6%
12 Month4.01%
2 Year-30.87%
3 Year-16.16%
5 Year1315.43%
10 Year1161.4%
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)1.99
RSI(14)51.38
LBB139.62
UBB201.84
TSLA Daily chart

TESLA INC

NASDAQ:TSLA (5/8/2024, 7:23:33 PM)

Premarket: 173.47 -1.25 (-0.72%)

174.72

-3.09 (-1.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-1.74%
1 Week-2.93%
2 Weeks7.77%
1 Month1.72%
3 Month-9.74%
6 Month-18.6%
12 Month4.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)10.4
ATR(20)%5.32%
ATR Inc
Range Today5.91
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High198.87
10 Day Low158.36
20 Day High198.87
20 Day Low138.8
52 Week High299.29
52 Week Low138.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume79.97M
Volume Incr-29.53%
Vol(5)80.81M
Vol(50)101.28M