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Stock Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
Tesla, Inc. (NASDAQ:TSLA)
Bull Market Weakness (+75) - TSLA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TSLA as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TSLA?
MarketClub looks at technical strength and momentum to determine if the timing is right for TSLA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TSLA
The long-term trend has been DOWN since Oct 20th, 2023 at 212.36
The intermediate-term trend has been UP since Apr 29th, 2024 at 179.22
The short-term trend has been UP since May 14th, 2024 at 175.62
Smart Scan Analysis for TSLA
Based on our trend formula, TSLA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 174.18 | 175.79 | 171.43 | 174.86 | +0.87 |
| Prev. Close | Volume | Bid | Ask | Time |
| 174.84 | 57112403 | 2024-05-16 15:59:57 |
| Year High | 387.46 | Year High Date | 2018-08-07 |
| Year Low | 244.59 | Year Low Date | 2018-04-02 |
| 52wk High | 299.29 | 52wk High Date | 2023-07-19 |
| 52wk Low | 138.8025 | 52wk Low Date | 2024-04-22 |
| Year End Close | 33.87 | Average Volume | 103,281,324 |
| Shares Outstanding | 3,189,196 | Short Interest | 26,408,268 |
| % Institutional | 83.9 | Market Cap | 44,262M |
| Assets | 109,226,000M | Liabilities | 448,480,000M |
| P/E Ratio | 44.3852 | Beta | 0.41 |
| Volatility | 56.84 |