Tesla Technical Analysis Report - 20250802

Posted on Views: Word count in article: 388 Reading time ≈ 1 mins.

Tesla (TSLA) Technical Analysis Report – August 2, 2025

Current Price: $302.63
Trend: Downward
Volatility: 4.43% (High)
RSI: 43.22 (Neutral-Bearish)
MACD Signal: SELL

1. Trend Analysis

  • Current Trend: Downward (Price below MA5, MA20, MA60).
  • Support Levels:
    • Immediate Support: $297.82 (Recent Low, July 31)
    • Next Support: $290 (Psychological & previous swing low)
  • Resistance Levels:
    • Immediate Resistance: $308.27 (July 31 close)
    • Next Resistance: $316.06 (July 25 high)

Key Observation: Price is trending below all key moving averages (MA5, MA20, MA60), confirming bearish momentum.

2. Volume Analysis

  • Recent Volume Trend: Decreasing (Lower than 5-day average).
  • Implications:
    • Lack of strong buying interest at current levels.
    • Weak volume on pullback suggests continuation of downtrend.
    • High-volume sell-off on July 24 (-8.2%) indicates strong bearish pressure.

3. Risk Assessment

  • Volatility: 4.3% (High) – Expect sharp moves.
  • ATR (14-day): 13.39 – Suggests daily swings of ~$13.
  • Downside Risk: If $297.82 breaks, next support at $290.
  • Upside Risk: If $308 is reclaimed, short squeeze potential to $316.

4. Target Price Levels

| Timeframe | Bullish Target | Bearish Target |
|————–|
| Short-term (1-5 days) | $308 (Resistance) | $290 (Support) |
| Medium-term (2-4 weeks) | $316 (MA20) | $280 (Lower BB) |

5. Key Technical Levels

| Indicator | Value | Signal |
|———–|——–|
| MA5 | $311.83 | Resistance |
| MA20 | $316.97 | Strong Resistance |
| RSI (14) | 43.22 | Neutral (Slight Bearish Bias) |
| MACD | -1.39 (Below Signal) | SELL |
| Bollinger Bands | $291.30 (Lower Band) | Potential Bounce Zone |

6. Trading Recommendations

A. For Short Sellers (Bearish Bias)

  • Entry: Below $300 (Confirmation of downtrend continuation).
  • Target: $290 (Lower BB & psychological support).
  • Stop-Loss: $310 (Above immediate resistance).

B. For Dip Buyers (Contrarian Play)

  • Entry: Near $295–$297 (If support holds).
  • Target: $308–$316 (Resistance levels).
  • Stop-Loss: $288 (Below key support).

C. Neutral/Conservative Approach

  • Wait for breakout confirmation above $308 (bullish) or below $297 (bearish).

7. Current Trading Strategy Based on Real-Time Data

  • Recommended Action: SELL (or Hold Short Positions)
  • Reason:
    • Price below key moving averages.
    • MACD bearish crossover.
    • RSI in neutral-bearish zone (no oversold bounce yet).
    • Volume declining, no strong reversal signal.

Risk Management:

  • Aggressive Traders: Short with tight stop at $310.
  • Conservative Traders: Wait for breakdown below $297 or reversal above $310.

Final Verdict:

Tesla remains in a downtrend with weak buying interest. The risk-reward favors short positions with tight stops, but a bounce near $290–$295 could present a swing trade opportunity. Watch volume and RSI for reversal signals.