Tesla stock upgraded to Strong Buy Candidate

The Tesla stock price gained 1.10% on the last trading day (Tuesday, 22nd Jul 2025), rising from $328.49 to $332.11. During the last trading day the stock fluctuated 4.31% from a day low at $321.55 to a day high of $335.40. The price has risen in 6 of the last 10 days and is up by 11.52% 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, 3 million more shares were traded than the day before. In total, 77 million shares were bought and sold for approximately $25.42 billion.

On Jul 21, 2025, it was reported that Cantor Fitzgerald gave TSLA a "Overweight" grade with a "hold" action.

The stock lies in the middle of a very 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 7.62% during the next 3 months and, with a 90% probability hold a price between $298.76 and $408.55 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 $322.72 and $319.41. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 -8.48%. Further fall is indicated until a new bottom pivot has been found.

On the downside, the stock finds support just below today's level from accumulated volume at $295.14 and $284.95.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 $295.14. If this is broken, then the next support from accumulated volume will be at $284.95 and $284.70.

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 $13.85 between high and low, or 4.31%. For the last week, the stock has had daily average volatility of 3.28%.

Tesla holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Strong Buy candidate.