Weak EMA Structure Weighs on TSLA at $311.21
Bearish
Aug 3, 2026 at 12:46 AM
•
$311.21
(+0.77%)
Tesla Inc (TSLA) ticked higher by 0.77% to $311.21 on August 3.
The technical setup looks bearish:
Momentum
RSI at 31.5 is in neutral territory but trending higher. MACD reads -25.72 against its -18.79 signal line (bearish).
Moving Averages
Moving averages are stacked bearishly—price below the 9-day at $324.63, resistance at 21-day ($352.04).
Volatility
Bollinger Band width at 45.6% indicates normal volatility.
Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $280.94.
Support sits at $280.94 with resistance at $446.92.