Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Tesla's stock rose 0.36% amid negative pressure from the 50-day SMA, with negative signals from the RSI, while trading within a descending price channel that guided recent short-term trading.
Therefore we expect the stock to decline, as long as the resistance of 277.67 holds on, targeting the support of 254.46.
Expected trend for today: Bearish