May 8, 2026 at 9:00 PM
•
$428.35
(+4.03%)
Tesla Inc (TSLA) ticked higher by 4.03% to $428.35 on May 8.
The technical setup looks bullish:
Moving Averages
Price trades above the 9-day EMA ($399.39) with a bullish stack. The 21-day EMA at $388.92 provides support.
Momentum
RSI at 70.0 is in overbought territory, suggesting potential near-term exhaustion. MACD is bullish (7.91 vs signal 2.84).
Volatility
Price is extended above the upper Bollinger Band ($418.96), suggesting possible mean reversion.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Technical levels: $354.57 support, $418.96 resistance.