Tesla stock price ended at $431.44 on Wednesday, after gaining 2.91%

The Tesla stock price gained 2.91% on the last trading day (Wednesday, 21st Jan 2026), rising from $419.25 to $431.44. During the last trading day the stock fluctuated 4.41% from a day low at $419.62 to a day high of $438.14. The price has fallen in 6 of the last 10 days and is down by -0.35% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 66 million shares were bought and sold for approximately $28.40 billion.

On Jan 14, 2026, it was reported that UBS gave TSLA a "Sell" grade with a "hold" action.

The stock lies in the middle of a wide and weak 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 3.03% during the next 3 months and, with a 90% probability hold a price between $412.55 and $510.40 at the end of this 3-month period.

A buy signal was issued from a pivot bottom point on Tuesday, January 20, 2026, and so far it has risen 2.91%. 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. 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 $437.45 and $452.86. A break-up above any of these levels will issue buy signals. 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 $404.35 and $401.88.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 $404.35. If this is broken, then the next support from accumulated volume will be at $401.88 and $395.23.

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 $18.52 between high and low, or 4.41%. For the last week, the stock has had daily average volatility of 2.87%.

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.