TESLA INC (1TSLA.MI) Stock Technical Analysis
BIT:1TSLA - Borsa Italiana Milan - US88160R1014 - Common Stock - Currency: EUR
We assign a technical rating of 9 out of 10 to 1TSLA. In the last year, 1TSLA was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month 1TSLA has a been trading in the 360.80 - 423.00 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 gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that 1TSLA is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by 1TSLA over the past year are nicely spread over this period.
1TSLA is part of the Automobiles industry. There are 29 other stocks in this industry. 1TSLA outperforms 96% of them.
1TSLA 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 1TSLA is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
1TSLA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 370.19, a Stop Loss order could be placed below this zone.
More info and screens
226.10
427.75
3 important support areas can be observed.
- A support zone ranging from 370.19 to 370.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @235.49 from a trend line in the daily time frame.
- Support @228.38 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 384.92 to 392.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 420.51 to 423.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.77
Mansfield4.89
10 Day High410.3
10 Day Low360.8
20 Day High423
20 Day Low360.8
52 Week High461.25
52 Week Low130.7
Performance
1 Week-0.63%
2 Weeks-7.46%
1 Month-6.31%
3 Month61.48%
6 Month92.97%
12 Month117.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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)-4.27
RSI(14)44.82
LBB361.13
UBB421.16
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 392.49 | 370.18 | 22.31 (5.68%) | 17.59% |
| An entry @392.49. This is a Buy Stop order right above the resistance zone. | An exit @370.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 22.31 points, which is 5.68%. | When investing 17.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of 1TSLA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TESLA INC
BIT:1TSLA (2/4/2025, 7:00:00 PM)
370.2
-3.85 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-1.03%
1 Week-0.63%
2 Weeks-7.46%
1 Month-6.31%
3 Month61.48%
6 Month92.97%
12 Month117.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)19.15
ATR(20)%4.95%
ATR Inc16.3%
Range Today9.75
ADR(20)15.86
ADR(20)%4.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.77
Mansfield4.89
10 Day High410.3
10 Day Low360.8
20 Day High423
20 Day Low360.8
52 Week High461.25
52 Week Low130.7
CS1 End370.19
CR1 Start384.92
Volume & EV
DER(3)0%
DER(5)0%
Volume39.69K
Volume Incr-20.32%
Vol(5)49.86K
Vol(50)86.65K