Green day on Wednesday for Tesla stock after gaining 3.50%

StockInvest.us, 4 months ago

Tesla

The Tesla stock price gained 3.50% on the last trading day (Wednesday, 16th Jul 2025), rising from $310.78 to $321.67. During the last trading day the stock fluctuated 3.45% from a day low at $312.63 to a day high of $323.43. The price has risen in 6 of the last 10 days and is up by 6.97% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 19 million more shares were traded than the day before. In total, 96 million shares were bought and sold for approximately $30.94 billion.

On Jul 10, 2025, it was reported that Wedbush gave TSLA a "Positive" grade with a "hold" action.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the stock is expected to rise 13.30% during the next 3 months and, with a 90% probability hold a price between $308.63 and $440.48 at the end of this 3-month period.

Tesla

There are mixed signals in the stock today. The Tesla stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $322.69. On a fall, the stock will find some support from the short-term average at $309.49. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Tuesday, May 27, 2025, and so far it has fallen -11.36%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

On the downside, the stock finds support just below today's level from accumulated volume at $295.14 and $284.95.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 $295.14. If this is broken, then the next support from accumulated volume will be at $284.95 and $284.70.

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 $10.80 between high and low, or 3.45%. For the last week, the stock has had daily average volatility of 3.26%.

Tesla holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Check full Tesla forecast and analysis here.
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