Tesla Inc (TSLA) 3 Day Down Streak Ended; in an Uptrend Over Past 30 Days

Tesla Inc 4 Hour Price Update

Updated September 08, 2020 04:33 PM GMT (12:33 PM EST)

TSLA’s price is down $-62.45 (-14.93%) over the past four hours of trading. For context, Tesla Inc’s peers in the in the Automobiles and Trucks industry are down -0.92% on average in this time, while its counterparts in the broader Consumer Cyclical sector are up by an average of 0.06%.

Tesla Inc Daily Price Recap

The end of a 3 day negative run has come for Tesla Inc, which finished the previous day up 2.78% ($11.32). The price move occurred on stronger volume; specifically, yesterday’s volume was up 30.99% from the day prior, and up 57.42% from the same day the week before. The daily price chart of Tesla Inc below illustrates.

TSLA

Tesla Inc Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 5 out of the past 10 days.

Overheard Around the Web

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

    Like Mike Tyson once said: Strategy goes out the window when you get punched in the face.

    Growth stock bulls are about to get punched in the face. Post your ticker below: $NIO $TSLA $AAPL $AABV

    chrispycrunch