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Tesla Motors Inc Bullish Moving Average Crossover Alert (TSLA)

By Shiri Gupta

Today, shares of Tesla Motors Inc (NASDAQ:TSLA) have advanced above their 10-day MA of $224.22 on a volume of 1.5 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Tesla Motors Inc has traded in a range of $141.05 to $286.65 and is now at $224.76, 59% above that low. The 200-day and 50-day moving averages have moved 0.4% lower and 1.84% higher over the past week, respectively.

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

Keywords: moving crosses tesla motors inc

Ticker(s): TSLA