Bullish vs. Bearish (1910 opinions)
Social Sentiment 0.00
TSLA Forecast and Technical Stock Analysis
Buy candidate since 2020-01-15 Loss -0.97% PDF
Tesla Motors fell by -0.97% in the last day ( Thursday, 16th Jan 2020 ) from $518.50 to $513.49 and has now fallen 3 days in a row. During the day the stock fluctuated 4.53% from a day low at $492.17 to a day high of $514.46. The price has risen in 6 of the last 10 days and is up by 19.34% over the past 2 weeks. Volume has increased in the last day by 4.46 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, 21.56 million shares bought and sold for approximately $11 069.00 million.
- 30 day high of the TSLA stock price was $547.41 and low was $375.90.
- 90 day high was $547.41 and low was $250.18.
- 52 week high for Tesla Motors - $547.41 and low - $176.99.
Tesla Motors lies in the middle of a 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 63.78% during the next 3 months and, with 90% probability hold a price between $729.24 and $892.21 at the end of this period.
Tesla Motors holds buy signals from both short- and long-term moving averages. In addition, 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 $506.63 and $407.49. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday January 14, 2020, 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 72 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 $492.14.
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 $22.29 between high and low, or 4.53%. For the last week, the stock has had a daily average volatility of 4.42%.
Our recommended stop-loss: $485.85 (-5.38%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from pivot top found 2 day(s) ago.)
4.42 %Average volatility
Very Low Low Medium High Very High
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 this stock to perform well in the short-term.
The general sentiment holds a neutral evaluation of the stock right now. The sentiment is based upon 1910 votes on StockTwits.
|TSLA $513.49 ($-5.01 -0.97%)|
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