Tesla Inc (TSLA) Down 1.35%; in an Uptrend Over Past 90 Days

The Hourly View for TSLA

Last Updated February 19, 2021, 12:55 GMT

At the time of this writing, TSLA’s price is down $-12.31 (-1.54%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Tesla Inc Daily Price Recap

787.38 was the closing price of the day for Tesla Inc, resulting in today being one in which price moved down 1.35% ($10.77) from the previous day. This move happened on lower volume, as yesterday’s volume was down 31.14% from the day before — and down 10.3% from the same day the week before. Let’s take a look at the daily price chart of Tesla Inc.

TSLA

Tesla Inc Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 17 out of the past 30 days.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about TSLA:

    $AABB this is for new comers, you already know this if you’ve been here. Imagine yourself in the position of a tech CEO. You now have billions of dollars worth of company cashflow and you want it to store value and grow over time— what are your options? You can put it in $BTC.X or $ETH.X but you don’t have the guarantee of a minimum value— that’s where AABBG is here to steal customers from the competition. Every AABBG coin is backed by gold and freely traded. Gold is forecasted to double by 2025– why would a tech ceo not store billions of dollars worth into this with a guarantee of what’s expected to be a 100% return in gold by 2025? If you don’t believe me— take it from your own Elon Musk, he is looking to invest Tesla cash flow into digital gold bullion. We are the first mine to coin gold backed crypto to hit the market and if we quickly dominate market share— we could have Elon on board! Sorry for spamming boards, I just really believe I have found a life changing opportunity $TSLA

    MrDayTraitor