Stock Market: TESLA Price Chart, Analysis And Trading Signals
03 May 2022
TESLA Technical Analysis: Weekly Chart
In the weekly charts, TESLA is trading in a down channel. TESLA is currently trading above 50 and 100 days SMA & below 20 days SMA.
RSI is in selling zone which indicates bearishness. MACD is currently above zero which indicates bullishness.
Its immediate support is 848.75 & the resistance level is at 945.90.
TESLA will trade in the down channel until there is trend reversal.
TESLA Technical Analysis: Daily Chart
In the daily charts, TESLA is trading in a down channel. TESLA is currently trading below all SMA.
RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.
Its immediate support is 847.82 & the resistance level is at 933.93.
TESLA will trade in the down channel until there is trend reversal.
How to Trade TESLA this Week:
TESLA will follow the downtrend until their trend reversal. So, remain bearish on TESLA.