A very red day for Tesla stock price after a -5.34% fall in the Tuesday trading session

The Tesla stock price fell by -5.34% on the last day (Tuesday, 1st Jul 2025) from $317.66 to $300.71. It has now fallen 6 days in a row. During the last trading day the stock fluctuated 4.32% from a day low at $293.21 to a day high of $305.87. The price has fallen in 7 of the last 10 days and is down by -8.63% for this period. Volume has increased on the last day by 69 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 143 million shares were bought and sold for approximately $43.06 billion.

On Jun 26, 2025, it was reported that Benchmark gave TSLA a "Buy" grade with a "hold" action.

The stock has broken the very wide and strong rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $306.65. A reaction back to this level may hold a second chance to get out before further falls.

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Tesla stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $326.35 and $331.33. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 23, 2025, and so far it has fallen -13.76%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

On the downside, the stock finds support just below today's level from accumulated volume at $284.70 and $282.76.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Tesla finds support just below today's level at $284.70. If this is broken, then the next support from accumulated volume will be at $282.76 and $272.20.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $12.66 between high and low, or 4.32%. For the last week, the stock has had daily average volatility of 4.69%.

The Tesla stock holds several negative signals and despite the positive trend, we believe Tesla will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.