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The Tesla stock price gained 8.23% on the last trading day (Monday, 23rd Jun 2025), rising from $322.16 to $348.68. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 9.15% from a day low at $327.50 to a day high of $357.47. The price has risen in 8 of the last 10 days and is up by 18.14% 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, 78 million more shares were traded than the day before. In total, 186 million shares were bought and sold for approximately $64.88 billion.
On Jun 20, 2025, it was reported that Goldman Sachs gave TSLA a "Neutral" 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 34.32% during the next 3 months and, with a 90% probability hold a price between $398.86 and $526.47 at the end of this 3-month period.
The Tesla stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $326.11 and $324.65. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, June 05, 2025, and so far it has risen 22.47%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
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 $29.97 between high and low, or 9.15%. For the last week, the stock has had daily average volatility of 4.76%.
Tesla holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Buy candidate.
Check full Tesla forecast and analysis here.