Tesla Inc (TSLA)

[JJ8]

TREND ANALYSIS

TSLA appears to be in a strong bearish trend. Shares are below a declining 200-day moving average and the MACD is beneath its signal line. Comparative Relative Strength analysis shows that this issue is lagging the S&P 500

Momentum for TSLA is improving. The 14-period Slow Stochastic Oscillator is rising as investors begin to purchase shares.

Volume:Today's volume is on track to be heavier than usual, with 171,557,180 shares having traded so far. The On Balance Volume indicator (OBV) is bearish. The slope of the indicator is negative and suggests that there is a lack of buying interest.

PS: Tesla share price LOW POLE REVERSAL today, on 24-April-2024. This is positive news.

Volatility: Bollinger Bands® use standard deviation of the closing price around a moving average to measure volatility. The Bollinger Bands® are presently wider than usual, as a result of greater than normal volatility that accompanied the recent price move. Events such as this may precede a pause or reversal in the near term trend as of 3:58 PM ET Wednesday, 04/24/2024