Tesla Inc (TSLA, $446.65) is predicted by Tickeron A.I.dvisor to grow by 4% to $464.52 or more within the next month. Keeping in mind similar previously-analyzed scenarios where the stock trended up during the month, the odds of an Uptrend continuation are 80%. Current price $465.43 is above $377.42 the highest support line found by Tickeron A.I. Throughout the month of 09/11/20 - 10/13/20, the price experienced a +20% Uptrend. During the week of 10/06/20 - 10/13/20, the stock enjoyed a +8% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 07, 2020. You may want to consider a long position or call options on TSLA as a result. Tickeron A.I. detected that in 52 of 68 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 76%.
The Moving Average Convergence Divergence (MACD) for TSLA just turned positive on October 13, 2020. Looking at past instances where TSLA's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 33 of 45 cases over the following month. The odds of a continued upward trend are 73%.
Following a +2.92% 3-day Advance, the price is estimated to grow further. Considering data from situations where TSLA advanced for three days, in 238 of 310 cases, the price rose further within the following month. The odds of a continued upward trend are 77%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 226 of 288 cases where TSLA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 78%.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 07, 2020. You may want to consider a long position or call options on TSLA as a result. Tickeron A.I. detected that in 52 of 68 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 76%.
The Moving Average Convergence Divergence (MACD) for TSLA just turned positive on October 13, 2020. Looking at past instances where TSLA's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 33 of 45 cases over the following month. The odds of a continued upward trend are 73%.
Following a +2.92% 3-day Advance, the price is estimated to grow further. Considering data from situations where TSLA advanced for three days, in 238 of 310 cases, the price rose further within the following month. The odds of a continued upward trend are 77%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 226 of 288 cases where TSLA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 78%.