Tesla Motors Inc (NASDAQ:TSLA) Trading Outlook
TESLA MOTORS closed down -1.700 at 267.090. Volume was 16% below average (neutral) and Bollinger Bands were 1% wider than normal.
Open High Low Close Volume___
268.890 269.110 266.000 267.090 3,838,434
Short Term: Overbought
Intermediate Term: Bearish
Long Term: Bearish
Moving Averages: 10-period 50-period 200-period
Close: 261.68 243.33 226.79
Volatility: 26 30 45
Volume: 3,246,132 3,936,097 5,184,079
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
TESLA MOTORS is currently 17.8% above its 200-period moving average and is in an upward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize at a lower level in the near term. Our volume indicators reflect volume flowing into and out of TSLA.O at a relatively equal pace (turning Bearish). Our trend forecasting oscillators are currently Bearish on TSLA.O and have had this outlook for the last 6 periods.
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 77.6686. This is not an overbought or oversold reading. The last signal was a sell 0 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 68.16. This is not a topping or bottoming area. However, the RSI just crossed below 70 from a topping formation. This is a bearish sign. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 0 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 103.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a sell 4 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 5 period(s) ago.
Tesla Motors, Inc., incorporated on July 1, 2003, designs, develops, manufactures and sells electric vehicles, electric vehicle powertrain components and stationary energy storage systems. The Company also designs, develops, manufactures and sells electric vehicle powertrain components to other automotive manufacturers. The Company uses energy management technologies and manufacturing processes developed for its vehicle powertrain systems and develops stationary energy storage products for use in homes, commercial sites and utilities. It designs its battery packs. The Company’s technology includes cooling systems, safety systems, charge balancing systems, battery engineering for vibration and environmental durability, robotic manufacturing processes, customized motor design and the software and electronics management systems necessary to manage battery and vehicle performance. Its products include Model S and The Tesla Roadster.
In addition to the design, development and production of the powertrain, it has created in-house capabilities in the design and engineering of electric vehicles and electric vehicle components and systems. It designs and engineers bodies, chassis, interiors, heating and cooling and low voltage electrical systems in-house. The Company offers loans and leases in North America, Europe and Asia primarily through various financial institutions. It also offers leases directly through its captive finance company in 37 states, the District of Columbia and in four provinces of Canada. Certain of its loan programs provide customers with a resale value guarantee. In certain markets, it also offers buy back guarantees to financial institutions. The Company conducts its powertrain and vehicle manufacturing and assembly operations at its facilities in Fremont, California; Lathrop, California; and Tilburg, Netherlands. It provides service for its electric vehicles at its service centers. It owns and operates 95 service locations as of December 31, 2014.
The Company’s Model S is an electric, four-door, five-adult passenger sedan. The Company offers 60 kilowatt-hour and 85 kilowatt-hour battery pack versions of Model S in the United States. Its autopilot system includes collision warning systems, automatic braking and traffic aware cruise control. It also offers wireless connectivity, such as third generation (3G) connectivity and driver customization of the infotainment and climate control systems of the vehicle. Model S vehicles can also charge natively or through adapters.
The Tesla Roadster
The Company’s Tesla Roadster is an electric sports car. It caters to customers in over 30 countries in North America and Europe.
The Company competes with Audi, BMW, Lexus, Mercedes, Daimler, Nissan, Fiat, Mitsubishi, Porsche, Volkswagen, Volvo, General Motors, Toyota, Ford and Honda.
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