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Bullish Moving Average Cross by Tesla Motors Inc (TSLA)

By Nick Russo

Today, shares of Tesla Motors Inc (NASDAQ:TSLA) have advanced above their 10-day MA of $256.55 on a volume of 1.4 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Tesla Motors Inc share prices have moved between a 52-week high of $287.39 and a 52-week low of $141.05 and are now trading 84% above that low price at $259.68 per share. The 200-day and 50-day moving averages have moved 0.4% lower and 1.84% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Tesla Motors Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Tesla Motors Inc in search of a potential trend change.

Keywords: moving crosses tesla motors inc

Ticker(s): TSLA