Tesla (TSLA) Closes Last Hour Up $2.60; Heads Down For the 2nd Consecutive Day, in an Uptrend Over Past 90 Days

The Hourly View for TSLA

Last Updated January 18, 2021, 02:09 GMT

At the time of this writing, Tesla’s price is up $10.19 (1.21%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. 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

Tesla Inc is down 2.23% ($18.84) since the day prior, marking the 2nd consecutive day it has gone down. The change in price came along side change in volume that was up 22.3% from previous day, but down 14.46% from the Sunday of last week. Let’s take a look at the daily price chart of Tesla Inc.

TSLA

Tesla Inc Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days Tesla Inc’s price has gone up 7 them.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to TSLA:

    IMHO re due diligence …
    Welcome to Black Crash Monday and Tuesday, most likely long lasting thereafter. Unfortunately USA markets are closed Monday, January 18, 2021 for Martin Luther King Jr. Day, https://www.nyse.com/markets/hours-calendars
    … regardless USA will crash Tuesday and most likely long lasting thereafter for a very wide range of credible reasons.
    We all know the Crash is long overdue since 2009, more so now with Coronavirus Rex, massive infection, death, unemployment, foreclosures, bankruptcies, evictions, et al.
    Enjoy the Depression.
    Meanwhile check out the red all over the world Sunday 17 night: 1. https://www.investing.com/indices/major-indices
    2. https://www.investing.com/indices/indices-futures
    3. https://www.investing.com/commodities/energy
    tdtiahth @Flash_Trader xo 🐻❤💰💲😈
    Fyi friends at $wfc $C $jpm $nio $tsla

    Flash_Trader