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TSLA, MACD Histogram just turned positive

Long
NASDAQ:TSLA   Tesla
This is a Bullish indicator signaling TSLA's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron's A.I. dvisor identified 44 similar cases where TSLA's MACD histogram became positive, and 33 of them led to successful outcomes. Odds of Success: 75%. Current price $486.45 is above $442.15 the highest support line found by Tickeron A.I. Throughout the month of 10/16/20 - 11/17/20, the price experienced a +0.44% Uptrend. During the week of 11/10/20 - 11/17/20, the stock enjoyed a +8% Uptrend growth.

Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 11, 2020. You may want to consider a long position or call options on TSLA as a result. Tickeron A.I. detected that in 54 of 69 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 78%.

The Moving Average Convergence Divergence (MACD) for TSLA just turned positive on November 17, 2020. Looking at past instances where TSLA's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 33 of 44 cases over the following month. The odds of a continued upward trend are 75%.

TSLA moved above its 50-day Moving Average on November 17, 2020 date and that indicates a change from a downward trend to an upward trend.

Following a +9.24% 3-day Advance, the price is estimated to grow further. Considering data from situations where TSLA advanced for three days, in 241 of 314 cases, the price rose further within the following month. The odds of a continued upward trend are 77%.

TSLA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 219 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 76%.
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