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The Tesla stock price gained 0.697% on the last trading day (Tuesday, 15th Apr 2025), rising from $252.35 to $254.11. During the last trading day the stock fluctuated 4.52% from a day low at $247.55 to a day high of $258.75. The price has fallen in 6 of the last 10 days and is down by -5.35% for this period. Volume fell on the last day by -21 million shares and in total, 78 million shares were bought and sold for approximately $19.87 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
On Apr 02, 2025, it was reported that Cantor Fitzgerald gave TSLA a "Overweight" grade with a "hold" action.
The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $259.35 will firstly indicate a slower falling rate, but may be the first sign of a trend shift.Given the current short-term trend, the stock is expected to fall -43.03% during the next 3 months and, with a 90% probability hold a price between $117.24 and $147.75 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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 $258.12. On a fall, the stock will find some support from the short-term average at $248.36. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Tuesday, April 08, 2025, and so far it has risen 14.54%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
On the downside, the stock finds support just below today's level from accumulated volume at $239.43 and $233.29.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 $239.43. If this is broken, then the next support from accumulated volume will be at $233.29 and $222.15.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $11.20 between high and low, or 4.52%. For the last week, the stock has had daily average volatility of 10.03%.
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.
