Tesla Stock Technical Analysis

TSLA
 Stock
  

USD 194.86  0.16  0.08%   

As of the 4th of December, Tesla has the risk adjusted performance of (0.17), and Coefficient Of Variation of (816.56). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tesla Inc, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Tesla Inc, which can be compared to its competition. Please validate Tesla Inc jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Tesla is priced more or less accurately, providing market reflects its prevalent price of 194.86 per share. Given that Tesla Inc has jensen alpha of (0.61), we advise you to double-check Tesla Inc's current market performance to make sure the company can sustain itself at a future point.
  

Tesla Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tesla, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Tesla
Tesla's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Tesla Analyst Consensus

Target PriceAdvice# of Analysts
907.55Hold22Odds
Tesla Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Tesla analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Tesla stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Tesla Inc, talking to its executives and customers, or listening to Tesla conference calls.
Tesla Analyst Advice Details
Tesla technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Tesla technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tesla trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Tesla Inc Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Tesla Inc volatility developed by Welles Wilder.
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Tesla Inc Trend Analysis

Use this graph to draw trend lines for Tesla Inc. You can use it to identify possible trend reversals for Tesla as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Tesla price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Tesla Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tesla Inc applied against its price change over selected period. The best fit line has a slop of   -2.13  , which may suggest that Tesla Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 171473.62, which is the sum of squared deviations for the predicted Tesla price change compared to its average price change.

About Tesla Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Tesla Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Tesla Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tesla Inc price pattern first instead of the macroeconomic environment surrounding Tesla Inc. By analyzing Tesla's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Tesla's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Tesla specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 (projected)
Long Term Debt to Equity0.170.18
Interest Coverage20.7122.34

Tesla December 4, 2022 Technical Indicators

Most technical analysis of Tesla help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Tesla from various momentum indicators to cycle indicators. When you analyze Tesla charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Tesla December 4, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Tesla stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Additionally, take a look at World Market Map. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for analysis

When running Tesla Inc price analysis, check to measure Tesla's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tesla is operating at the current time. Most of Tesla's value examination focuses on studying past and present price action to predict the probability of Tesla's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tesla's price. Additionally, you may evaluate how the addition of Tesla to your portfolios can decrease your overall portfolio volatility.
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Is Tesla's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tesla. If investors know Tesla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tesla listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.98
Market Capitalization
615.3 B
Quarterly Revenue Growth YOY
0.56
Return On Assets
0.12
Return On Equity
0.32
The market value of Tesla Inc is measured differently than its book value, which is the value of Tesla that is recorded on the company's balance sheet. Investors also form their own opinion of Tesla's value that differs from its market value or its book value, called intrinsic value, which is Tesla's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tesla's market value can be influenced by many factors that don't directly affect Tesla's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tesla's value and its price as these two are different measures arrived at by different means. Investors typically determine Tesla value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tesla's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.