Tesla Inc. has several bearish signals.
On 05/29/25 it peaked close to 02/19/25 top.
RSI on 05/29/25 had a bearish divergence vs. its 05/14/25 reading. Also, the reading on 05/30/25 was below the reading made at 05/21/25, predicting price could go down to the where it was on 05/21/25.
Stochastic has a bearish line cross in the overbought zone above 80.00.
On 05/30/25 the price went below the low of the big up bar made on 05/27/25.
First support is in the 285 to 270 area.
Price could ultimately go much lower.
On 05/29/25 it peaked close to 02/19/25 top.
RSI on 05/29/25 had a bearish divergence vs. its 05/14/25 reading. Also, the reading on 05/30/25 was below the reading made at 05/21/25, predicting price could go down to the where it was on 05/21/25.
Stochastic has a bearish line cross in the overbought zone above 80.00.
On 05/30/25 the price went below the low of the big up bar made on 05/27/25.
First support is in the 285 to 270 area.
Price could ultimately go much lower.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.