Tesla stock downgraded from Buy Candidate to Sell Candidate after Friday trading session

The Tesla stock price gained 0.0342% on the last trading day (Friday, 20th Jun 2025), rising from $322.05 to $322.16. During the last trading day the stock fluctuated 4.59% from a day low at $317.78 to a day high of $332.36. The price has risen in 8 of the last 10 days and is up by 13.16% 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, 13 million more shares were traded than the day before. In total, 108 million shares were bought and sold for approximately $34.68 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 34.26% during the next 3 months and, with a 90% probability hold a price between $396.02 and $523.89 at the end of this 3-month period.

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. The Tesla stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $322.93 and $322.71. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 27, 2025, and so far it has fallen -11.22%. 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).

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 $14.58 between high and low, or 4.59%. For the last week, the stock has had daily average volatility of 4.19%.

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.Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.