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TSLA Daily Technical Analysis

Timeframe: DailyWeeklyMonthly

Tesla Inc

Electric vehicle and clean energy company known for innovation and global EV leadership.

Last price: $422.38 Value score: 67.18 Short-term sentiment: Neutral Long-term sentiment: Neutral Last updated: 2026-06-02T14:02:03.968Z

TSLA Technical Analysis Summary

TSLA is currently navigating a complex transitional phase on the daily chart. After recovering significantly from its April lows, the stock is experiencing a near-term pullback, evidenced by downward MACD momentum. However, price action is currently testing a critical confluence of support between the 50-day and 200-day moving averages (393-415 zone). For long-term investors, whether this moving average support zone holds will likely dictate if the stock is successfully building a base for further upside or if it will resume its broader, choppy consolidation.

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TSLA Daily Chart

Daily candlestick price chart for TSLA as of 2026-06-02T14:02:03.968Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.
Daily candlestick price chart for TSLA as of 2026-06-02T14:02:03.968Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.

Sentiment

Short-term Sentiment (days to weeks): Neutral

Price is currently in a pullback from recent highs, accompanied by a bearish MACD crossover and negative histogram, but has found immediate footing near the critical 200-day SMA support level, with RSI resetting to a neutral midpoint.

Long-term Sentiment (weeks to months): Neutral

The broader trend shows a large consolidation phase. While the price has recently reclaimed both the 50-day and 200-day moving averages after a significant downtrend, the 50-day SMA remains below the 200-day SMA, indicating the long-term trend has not yet fully reversed into a bullish alignment.

Report Metadata

Support Price Levels

Level Range Strength Notes
$404.00 $393.00 - $415.00 Strong Key confluence zone containing both the 200-day SMA (412.92) and the 50-day SMA (393.48), along with recent pullback lows.
$330.00 $320.00 - $340.00 Strong Major swing low established in April, representing significant historical demand.

Resistance Price Levels

Level Range Strength Notes
$460.00 $455.00 - $465.00 Strong Recent swing high established in May before the current pullback initiated.
$487.50 $480.00 - $495.00 Strong Major structural peak formed in late December to early January.

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Pullback to Support Neutral N/A After a strong impulsive move upwards from the April lows, the price is currently retracing to test the 200-day moving average from above.

Frequently Asked Questions about TSLA

What is the current sentiment for TSLA?

The short-term sentiment for TSLA is currently Neutral because Price is currently in a pullback from recent highs, accompanied by a bearish MACD crossover and negative histogram, but has found immediate footing near the critical 200-day SMA support level, with RSI resetting to a neutral midpoint.. The long-term trend is classified as Neutral.

What are the key support levels for TSLA?

StockDips.AI has identified key support levels for TSLA at $404.00 and $330.00. These levels may represent potential accumulation zones where buying interest could emerge.

Is TSLA in a significant dip or a Value Dip right now?

TSLA has a Value Score of 67/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.

View the full interactive analysis on StockDips.AI.