Tesla stock price up more than 5.67% on Tuesday

The Tesla stock price gained 5.67% on the last trading day (Tuesday, 10th Jun 2025), rising from $308.58 to $326.09. 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 5.48% from a day low at $310.67 to a day high of $327.69. The price has been going up and down for this period, and there has been a -10.14% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 14 million more shares were traded than the day before. In total, 149 million shares were bought and sold for approximately $48.67 billion.

On Jun 10, 2025, it was reported that Piper Sandler gave TSLA a "Overweight" 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 42.21% during the next 3 months and, with a 90% probability hold a price between $412.53 and $541.59 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 $319.07 and $312.21. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Tuesday, May 27, 2025, and so far it has fallen -10.14%. 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 $17.02 between high and low, or 5.48%. For the last week, the stock has had daily average volatility of 8.92%.

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Tesla stock to perform well in the short-term.We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.