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Tesla Inc Bearish Moving Average Crossover Alert (TSLA)

By Nick Russo

Today, shares of Tesla Inc (NASDAQ:TSLA) have fallen below their 10-day MA of $271.00 on a volume of 1.3 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Tesla Inc share prices have moved between a 52-week high of $387.46 and a 52-week low of $247.77 and are now trading 9% above that low price at $269.64 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.9% while the 200-day MA has slid 0.4%.

SmarTrend is tracking the current trend status for Tesla Inc and will alert subscribers who have TSLA in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses tesla inc

Ticker(s): TSLA