EMA Death Cross Looms for TSLA Near $393.45
Bearish
Jul 4, 2026 at 12:12 AM
•
$393.45
(-7.49%)
Tesla Inc (TSLA) retreated 7.49%, ending the session at $393.45 on July 4.
Chart analysis reveals a mixed configuration:
Momentum
RSI at 46.6 is neutral but improving. MACD is bullish (-1.64 vs signal -3.29).
Moving Averages
Moving averages are stacked bearishly—price below the 9-day at $401.86, resistance at 21-day ($402.57).
Volatility
Volatility has been compressing for 4 sessions (TTM Squeeze active), often a precursor to directional moves.
Despite the bearish EMA structure, bullish MACD divergence suggests patient buyers may find opportunity near $369.90.
Key levels to watch: Support at $369.90, Resistance at $428.41.