- Healthy interest coverage ratio of 14.4x
- Low bankruptcy risk (Altman Z-Score: 17.75)
- Bullish trend confirmed on both short and long timeframes
Volatile ride for Tesla stock price on Thursday moving between $389.31 and $432.35
(Updated on Jul 02, 2026)
The Tesla stock price experienced a decline of -7.49% on the last trading day (Thursday, 2nd Jul 2026), dropping from $425.30 to $393.45. Throughout the trading session, the stock saw fluctuations of 11.06%, ranging from a day low of $389.31 to a day high of $432.35. Over the last 10 days, the price has increased on 6 occasions, yet it remains down by -0.74% for this timeframe. The trading volume surged on the last day, with an increase of 32 million shares, despite the declining prices. This could signal an early warning, indicating a slight increase in risk over the coming days. In total, 72 million shares exchanged hands, amounting to approximately $28.33 billion.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $378.49 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 9.61% during the next 3 months and, with a 90% probability hold a price between $414.88 and $513.17 at the end of this 3-month period.
TSLA Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 25, 2026, and so far it has risen 4.89%. 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). 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 $397.36 and $410.98. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Tesla stock
Tesla finds support from accumulated volume at $391.95 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $43.04 between high and low, or 11.06%. For the last week, the stock has had daily average volatility of 6.66%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (TSLA) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Tesla Inc. to open at $405.04, and during the day (based on 14 day Average True Range), to move between $383.64 and $403.26, which gives a possible trading interval of +/-$19.61 (+/-5.11%) up or down from last closing price. If Tesla Inc. takes out the full calculated possible swing range there will be an estimated 5.11% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $391.95 (0.38%) than the resistance at $400.62 (1.82%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Tesla Inc. stock A Buy?
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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.
Current score:
-2.750
Sell Candidate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on July 6, 2026 - $405.04 ( 2.94%).
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TSLA Performance
Trading levels for TSLA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 448.08 | 13.88% |
| R2 | 431.64 | 9.71% |
| R1 | 421.48 | 7.12% |
| Price | 393.45 | |
| S1 | 388.60 | -1.23% |
| S2 | 378.44 | -3.82% |
| S3 | 362.00 | -7.99% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 445.27 | 13.17% |
| R2 | 445.00 | 13.10% |
| R1 | 400.62 | 1.82% |
| Price | 393.45 | |
| S1 | 391.95 | -0.381% |
| S2 | 373.72 | -5.01% |
| S3 | 343.25 | -12.76% |
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