TSLA Trading Predictions

TSLA trading chart for 2025-05-02

1 Day Prediction

Target: May 3, 2025
Close

$284

Open

$283

High

$288

Low

$280

Description

The stock shows a slight bullish trend with a recent Doji pattern indicating indecision. RSI is neutral, and MACD is close to crossing above the signal line. Expecting a small upward movement due to recent support at 280.

Analysis

Over the past 3 months, TSLA has shown a bearish trend with significant drops, particularly in February. Recent support levels around 280 have held, but resistance at 290 remains strong. Volume spikes indicate potential reversals, but overall sentiment is cautious.

Confidence Level

7/10

Potential Risks

Market volatility and external news could impact the prediction. A sudden bearish sentiment could reverse the trend.

1 Week Prediction

Target: May 10, 2025
Close

$290

Open

$284

High

$295

Low

$275

Description

Expecting a gradual recovery as the stock approaches resistance at 290. The MACD shows potential bullish momentum, while the RSI is nearing oversold territory, suggesting a bounce back.

Analysis

The stock has been volatile, with significant fluctuations. Key support at 280 and resistance at 290 are critical. The recent price action suggests a potential reversal, but caution is warranted due to overall market sentiment.

Confidence Level

6/10

Potential Risks

Unforeseen macroeconomic events or earnings reports could lead to volatility. The bearish trend from earlier months may still weigh on investor sentiment.

1 Month Prediction

Target: June 2, 2025
Close

$300

Open

$290

High

$310

Low

$280

Description

A bullish outlook as the stock may break through resistance at 290, supported by positive market sentiment and potential upward momentum in the broader tech sector. RSI indicates room for growth.

Analysis

TSLA has shown signs of recovery, with recent price action indicating a potential bullish reversal. Key resistance levels are being tested, and if broken, could lead to further gains. However, the overall market environment remains uncertain.

Confidence Level

8/10

Potential Risks

Market corrections or negative news could hinder growth. The stock's recent history of volatility raises concerns about sustainability.

3 Months Prediction

Target: August 2, 2025
Close

$320

Open

$300

High

$340

Low

$290

Description

Long-term bullish sentiment as the stock may benefit from positive earnings and market recovery. Fibonacci retracement levels suggest potential upward movement towards 320.

Analysis

The stock has experienced significant fluctuations, with a bearish trend in early months followed by signs of recovery. Key support at 290 and resistance at 320 will be crucial. Market sentiment is cautiously optimistic, but external factors could influence outcomes.

Confidence Level

7/10

Potential Risks

Economic conditions, interest rates, and competitive pressures could impact performance. The stock's volatility remains a concern.