Tesla (TSLA) Closes Prior Hour Down -0.07%; in an Uptrend Over Past 14 Days

The Hourly View for TSLA

Last Updated January 13, 2021, 23:9 GMT

Currently, Tesla’s price is down $-3.29 (-0.39%) 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 50 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

The back and forth price flow continues for Tesla Inc, which started today off at 849.44 US dollars, up 4.72% ($38.25) from the day prior. This move happened on lower volume, as yesterday’s volume was down 23.49% from the day before — and down 8.23% from the same day the week before. The daily price chart of Tesla Inc below illustrates.


Tesla Inc Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that Tesla Inc’s price has gone up 9 of the previous 10 trading days.

Overheard Around the Web

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

    $NIO $AMZN $TSLA $AAPL just tagging random top tickers. Cause everyone loves to do that.

    Me: 🤬halfway through your post and then realizing it has nothing to do with my stock because you tagged 4 more random tickers at the bottom to gain more likes or comments. 🤬