tesla motors technical analysis charts

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Page 1: Tesla Motors technical analysis charts

June 14, 2016

TSLA: Tesla Motors technical analysis charts

On Monday, compared to Friday, price action opened lower (219.50, vs Friday's

close of 219.64), saw a lower high (225.77, vs Friday's high of 227.97) and lower

low (217.66, vs Friday's low of 218.94); and closed lower (217.87, vs Friday's close

of 219.64). The day's range was 811 ticks.

On the DAILY BOLLINGER BANDS CHART below, Monday represents the 2nd

consecutive close below the middle of the Bollinger Band envelope (219.87). The

Bollinger Bands (205.56-234.18) are converging; and narrowed from a width of

3,053 ticks on Friday to a width of 2,862 ticks on Monday.

The RSI (44.90) below is in neutral mode between the key 20 (oversold) and 80

(overbought) levels.

Page 2: Tesla Motors technical analysis charts

June 14, 2016

The MACD 12 day moving average is below the MACD 26 day moving average;

both are above zero.

The Slow Stochastics, below, are in negative mode, with the K line below the D

line.

The Commodity Channel Index (6.35), below, is in negative mode below the

overbought 200 level.

On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action fell away

from the bottom of the 20 day moving average envelope (219.87). The

parameters of the envelope (213.27-226.47) are pointing higher.

Page 3: Tesla Motors technical analysis charts

June 14, 2016

On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving

average (226.95, moving down) is above the 20 day moving average (219.87,

moving up), in positive mode. The 3-50 day strip of moving averages ranges from

the 30 day moving average (218.75) at the bottom of the range to the 50 day

moving average (231.87) at the top of the range.

The Parabolic Stop and Reverse (240.85) below is in the 1st day of buy mode.

Page 4: Tesla Motors technical analysis charts

June 14, 2016

On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 4th

consecutive entire week below the top Bollinger Band (271.55). The Bollinger

Bands (158.18-271.55) are pointing higher; contracting from a width of 11,517

ticks on Friday to a width of 11,337 ticks on Monday.