Tesla stock upgraded from Sell Candidate to Hold/Accumulate after Friday trading session

The Tesla stock price fell by -3.51% on the last day (Friday, 28th Mar 2025) from $273.13 to $263.55. During the last trading day the stock fluctuated 5.95% from a day low at $260.59 to a day high of $276.10. The price has risen in 6 of the last 10 days and is up by 5.43% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -37 million shares and in total, 122 million shares were bought and sold for approximately $32.25 billion.

On Mar 19, 2025, it was reported that UBS gave TSLA a "Reduce" 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 $277.77 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 -42.74% during the next 3 months and, with a 90% probability hold a price between $99.51 and $159.06 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 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 $265.75 and $288.79. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A buy signal was issued from a pivot bottom point on Monday, March 10, 2025, and so far it has risen 18.64%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy 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 $248.09 and $230.58.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 $248.09. If this is broken, then the next support from accumulated volume will be at $230.58 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 $15.51 between high and low, or 5.95%. For the last week, the stock has had daily average volatility of 7.03%.

Tesla holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.