TESLA INC (TSLA) Technical Analysis
NASDAQ:TSLA • US88160R1014
Current stock price
378.67 USD
+2.37 (+0.63%)
At close:
373 USD
-5.67 (-1.5%)
Pre-Market:
TSLA Technical Rating and Analysis
Taking everything into account, TSLA scores 3 out of 10 in our technical rating. TSLA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- TSLA is one of the better performing stocks in the Automobiles industry, it outperforms 82% of 35 stocks in the same industry.
- TSLA has an average volume of 63822500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, TSLA outperforms 59% of them, which is more or less in line with the market.
- TSLA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TSLA is lagging the market.
- In the last month TSLA has a been trading in the 337.24 - 409.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TSLA Weekly and Daily overview Charts
TSLA Setup Rating and Analysis
TSLA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
TSLA Support and Resistance Analysis
301.33
411.90
When analyzing the support we can see 3 important areas.
- Support @355.15 from a trend line in the weekly time frame.
- A support zone ranging from 343.24 to 348.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @304.37 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 384.08 to 387.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @394.17 from a trend line in the daily time frame.
- A resistance zone ranging from 400.63 to 400.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @407.82 from a horizontal line in the daily time frame.
TSLA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for TSLA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSLA is neutral. |
| ChartMill Relative Strength | 59.49 | NEUTRAL | TSLA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSLA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSLA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TSLA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.05 | NEUTRAL | The RSI value for TSLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.46 | POSITIVE | The MACD value suggests TSLA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.12 | NEUTRAL | The Stochastics value for TSLA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for TSLA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.5 | NEGATIVE | The low ADX value for TSLA suggests a weak or negative trend. |
TSLA Chart- and CandleStick Pattern Analysis
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)
TSLA Technicals: Chart, Performance Metrics, Trend & Indicators
378.67
+2.37 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg0.63%
1 Week-3.52%
2 Weeks7.45%
1 Month4.65%
3 Month-12.02%
6 Month-17.06%
12 Month31.84%
2 Year106.61%
3 Year130.46%
5 Year60.13%
10 Year2259.22%
15 Year20479.9%
Volatility
ATR(14)15.33
ATR(20)%4.2%
ATR Inc-9.45%
Range Today16.76
ADR(20)14.39
ADR(20)%3.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.49
3 months CRS18.95
6 months CRS21.57
Mansfield-0.96
10 Day High409.28
10 Day Low354.77
20 Day High409.28
20 Day Low337.24
52 Week High498.83
52 Week Low271
CS1 End355.15
CR1 Start384.08
Volume & EV
DER(3)2.49%
DER(5)1.6%
Volume66.74M
Volume Incr-2.7%
Vol(5)67.30M
Vol(50)63.82M
TESLA INC / TSLA TA FAQ
Can you provide the ChartMill technical rating for TESLA INC?
ChartMill assigns a technical rating of 3 / 10 to TSLA.
Can you provide the trend direction for TESLA INC?
The current trend direction for TESLA INC (TSLA) is Bearish.
Can you provide the RSI signal for TESLA INC?
TESLA INC (TSLA) has an RSI value of 50.0475. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TESLA INC?
The short term momentum for TESLA INC (TSLA) is neutral.
Can you provide the support and resistance levels for TESLA INC?
TESLA INC (TSLA) has a support level at 355.15 and a resistance level at 384.08. Check the full technical report for our detailed analysis of TSLA support and resistance levels.