Tesla Inc (TSLA) Tops All mega cap US stocks, Up 12.57%; in an Uptrend Over Past 14 Days

Tesla Inc 4 Hour Price Update

Updated September 01, 2020 04:34 PM GMT (12:34 PM EST)

TSLA’s price is down $-13.84 (-2.78%) over the past four hours of trading. To help put that in perspective, note that Tesla Inc’s peers in the in the Automobiles and Trucks industry are down -0.06% on average during this time, while its peers in the broader Consumer Cyclical sector are up by an average of 2.6%.

Tesla Inc Daily Price Recap

Tesla Inc entered today at $498.32, up 12.57% ($55.64) from the previous day. The price move occurred on stronger volume; specifically, yesterday’s volume was up 15.38% from the day prior, and up 13.39% from the same day the week before. Here is a daily price chart of Tesla Inc.

TSLA

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. 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

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

    $TSLA It was a nice run until it hit the $500 mark. It's been going up for a long time now. And it's due for a slight correction now, which is normal for any stock that has had a long run. It will probably drop down to around the $425 range and will settle there. I will look to re-buy at that price.

    StreetInvestors