Tesla Price Technical Analysis and Trading Signals
12 Jul 2022
TESLA Technical Analysis: Weekly Chart
In the weekly charts, TESLA is trading in 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 646.98 & the resistance level is at 758.72.
TESLA will trade in down channel until there is trend reversal.
TESLA Technical Analysis: Daily Chart
In the daily charts, TESLA is trading in an up channel. TESLA is currently trading above 20 days SMA & below 50 and 100 days SMA.
RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.
Its immediate support is 680.65 & the resistance level is at 757.26.
TESLA will trade in up channel until there is trend reversal.
How to Trade TESLA this Week:
TESLA will follow the down channel until their trend reversal. So, remain bearish on TESLA.