Bullish vs. Bearish (243 opinions)
Social Sentiment -0.04
TSLA Forecast and Technical Stock Analysis
Sell candidate since 2019-08-09 Loss -6.03%
Tesla Motors fell by -2.23% in the last day ( Wednesday, 21st Aug 2019 ) from $225.86 to $220.83 and has now fallen 3 days in a row. During the day the stock fluctuated 2.58% from a day low at $217.60 to a day high of $223.22. The price has fallen in 6 of the last 10 days and is down by -5.39% for this period. Volume has increased in the last day by 3.78 million shares but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 7.76 million shares bought and sold for approximately $1 713.62 million.
- 30 day high of the TSLA stock price was $266.07 and low was $211.55.
- 90 day high was $266.07 and low was $176.99.
- 52 week high for Tesla Motors - $379.49 and low - $176.99.
Tesla Motors lies in the lower part of a very wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $218.45 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 18.93% during the next 3 months and, with 90% probability hold a price between $259.80 and $331.79 at the end of this period.
There are few to none technical positive signals at the moment. Tesla Motors holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 $223.39 and $237.35. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Monday August 19, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 40 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Tesla Motors finds support from accumulated volume at $219.62.
This stock may move much during a 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 $5.62 between high and low, or 2.58%. For the last week, the stock has had a daily average volatility of 3.00%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
3.00 %Average volatility
Very Low Low Medium High Very High
The Tesla Motors stock holds several negative signals and despite the positive trend we believe Tesla Motors will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Important: Please note that 71% of user opinions on StockTwits are positive to the stock. The sentiment is based upon 243 votes on StockTwits.
|TSLA $220.83 ($-5.03 -2.23%)|
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!