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TSLA34 trade ideas

understanding roc obv with rsi indicator ,teslaCombining the Rate of Change (ROC) of On-Balance Volume (OBV) with the Relative Strength Index (RSI) creates a multifaceted technical analysis tool that assesses momentum, volume flow, and potential trend reversals. Here's an overview of this composite indicator: **Components and Calculations:** 1. **On-Balance Volume (OBV):** OBV measures cumulative buying and selling pressure by adding volume on up days and subtracting it on down days. A rising OBV suggests buying pressure, while a falling OBV indicates selling pressure. 2. **Rate of Change (ROC) of OBV:** This calculates the percentage change in OBV over a specified period, highlighting the speed at which volume flow changes. The formula is: \ A positive ROC indicates accelerating volume flow, while a negative ROC suggests decelerating volume flow. 3. **Relative Strength Index (RSI):** RSI measures the magnitude of recent price changes to evaluate overbought or oversold conditions, oscillating between 0 and 100. Traditionally, RSI values above 70 indicate overbought conditions, and values below 30 indicate oversold conditions. **Interpretation and Usage:** - **Trend Continuation:** A rising ROC(OBV) combined with an RSI above 60 may confirm a strong uptrend, suggesting sustained buying momentum. - **Trend Reversal:** A declining ROC(OBV) alongside an RSI below 40 could signal a potential trend reversal, indicating increasing selling pressure. - **Threshold Levels:** Incorporating horizontal threshold lines can help identify support or resistance levels. For instance, if ROC(OBV) bounces off a threshold with a corresponding RSI change, it may suggest a pause or continuation in the trend. **Visualization:** Some implementations enhance this indicator by coloring the ROC(OBV) line based on RSI values, providing a visual representation of momentum shifts. For example, the line might turn lime when RSI is above 60 and blue when RSI is below 40, offering immediate visual cues for traders. **Application:** This composite indicator is particularly useful for assets with significant volume activity. By analyzing both price momentum and volume flow, traders can gain deeper insights into market dynamics, aiding in the identification of trend continuations, reversals, and potential breakout points. **Example Implementation:** An example of this indicator is the "Rate of Change of OBV with RSI Color" available on TradingView. This tool combines OBV, ROC, and RSI to monitor momentum and potential trend reversals, with visual enhancements based on RSI values. By integrating these three analytical tools, traders can develop a more comprehensive understanding of market conditions, improving the accuracy of their trading decisions.
NASDAQ:TSLALong
by Tradernawab
Tesla Hits Resistance: Correction or Continued Rally?After Tesla's significant price surge, it has now reached a strong resistance level. From this point, traders may anticipate a price correction, potentially in the form of a minor pullback, before resuming the uptrend. Additionally, Elon Musk's recent statement that older Tesla models won’t support the self-driving feature could contribute to a further price dip. While our long-term outlook remains bullish, some volatility is expected in the near term."
NASDAQ:TSLA
by Charts_M7M
Tesla Q4 2024 Deliveries Expected to Hit Record, but.Tesla's fourth-quarter 2024 delivery figures are anticipated to reach a record high, according to a note from Barclays. Analysts estimate Q4 deliveries at approximately 515,000 units, slightly above the consensus estimate of around 511,000 units, marking a 6% year-over-year increase. Despite these impressive numbers, Barclays believes they will have limited impact on Tesla's stock. Key Takeaways: Delivery Estimates: Barclays projects Q4 deliveries to be around 515,000 units, slightly exceeding expectations. Stock Impact: The delivery numbers are expected to have minimal influence on Tesla's stock, as investors are more focused on the company's long-term opportunities in autonomous driving and artificial intelligence (AI). Long-Term Growth: Tesla's recent momentum is driven by its potential in the AV/AI sectors rather than short-term delivery metrics. Future Outlook: 2024 Sales: Barclays forecasts Tesla's full-year 2024 sales at approximately 1.81 million units, aligning with 2023 figures but falling short of the company's guidance for year-over-year growth. Autonomous Driving and AI: The introduction of "Unsupervised Full Self-Driving" (FSD) in 2025 is expected to bolster Tesla's AV/AI initiatives, mitigating any near-term volume misses. New Models: The upcoming low-cost model, "Model 2.5," anticipated in the first half of 2025, is seen as a crucial growth driver. Delivery Growth: CEO Elon Musk suggests 20-30% year-over-year delivery growth in 2025, which Barclays believes will address any concerns from the Q4 figures. Barclays emphasizes that while the Q4 results are crucial, the stock's recent rally—up 68% post-election versus the S&P 500's 2.6%—reflects positive sentiment on Tesla's long-term potential and technical factors. As the market shifts focus towards future developments, the emphasis remains on Tesla's ability to innovate and lead in the autonomous driving and AI sectors.
NASDAQ:TSLA
by OakleyJM
Tesla ideas on Fib bollinger... TSLA in troubleSure you can have a squeeze or euphoria...but didn't like 7 Billion in Charging stations that are said to be a few hundred in all the 48 continuous combined... There are like 100 TA and Love's on Interstate 80 Alone AP running damage control...who cares, just look at that number...~200 divided by 48, gives you like 5 per state....yeah, autonomous screams success with one in each major city... *only 10 handles per site and few may be out of sync, not sync, or be malfunctioning due to weather...if weather didnt cut their power- Its okay...diesel generators will help...wait, ??
NASDAQ:TSLA
by CYQOTEK
TESLA 300 AFTER EARNINGS ? 3 STRONG REASONS !! Strong EV Market Position: Tesla’s electric vehicles (EVs) remain popular, with the Model Y and Model 3 ranking among the top-selling vehicles in the U.S. in 2023. Even as legacy automakers enter the market, Tesla’s success suggests continued consumer preference for its vehicles. Cybertruck: Tesla’s long-awaited Cybertruck could be a game-changer. Pickup trucks have high gross profit margins, and if Tesla prices the Cybertruck right, it could boost their overall profitability1. Regulatory Credits and Rebates: As Europe tightens regulations on internal combustion engine (ICE) cars, Tesla may receive more regulatory credits (from competitors like Fiat) going forward. Full Self-Driving (FSD) Technology: Analysts estimate that Tesla’s FSD technology could potentially raise earnings per share by $1-$2 annually through the end of the decade.
NASDAQ:TSLALong
by NYRUNSGLOBAL
4
Tesla (TSLA): Long-Term Breakout Backed by Strong MomentumChart Analysis: Tesla shares have surged past key resistance at $415, marking a significant breakout with strong bullish momentum. 1️⃣ Key Breakout: The price broke above the horizontal resistance level at $415, which previously capped gains in 2021. This breakout signals renewed strength and opens the door for potential continuation. 2️⃣ Moving Averages: 50-week SMA (blue): The price is well above the 50-week SMA at $227, highlighting robust upward momentum and a bullish long-term structure. 3️⃣ Momentum Indicators: RSI: Currently at 80.96, signaling overbought conditions. While this reflects strong buying interest, traders may watch for signs of exhaustion or a pullback. MACD: Bullish momentum is accelerating, with the MACD line rising sharply and far above the signal line. What to Watch: A potential retest of the $415 breakout level as support would be a key technical development to confirm the breakout's strength. Traders should monitor RSI for signs of divergence or overbought reversals while keeping an eye on continuation patterns. Tesla has broken free from a multi-year range, driven by strong bullish momentum. The price action and breakout above $415 suggest bulls are firmly in control. -MW
NASDAQ:TSLA
by FOREXcom
Beta is not right indicator to pick high volatile stocksI have done extensive analysis on lot of stocks to see, which group of stocks gives more returns compared to market, index or any other household branded companies. Before i get into alternative to beta, here i will try to get into the details of beta calculation to understand ourselves why beta may not represent true nature or momentum of a stock. How is beta calculated? Beta is multiplication of two numbers, Correlation and volatility. If any one number out of these two are less, the result will be a low beta number. Correlation: If a stock moves in same +ve or -ve direction as that of market, it will have good correlation. On a given window of 48 prior days from now, how many days(or whatever timeframe) the stock matches up/down movement with respect to market, will give us correlation number. This value will be in the range +1 to -1. If price moves as per market direction, it will be 0 to +1. If price moves in opposite direction of market( that is stock goes up when market goes down or stock goes down when market goes up), the correlation will be 0 to -1. Usually in practice, all stocks are mostly positively correlate with market, so they end up having values between 0 and +1. This means, stocks with close to +1 correlation will have high beta and low correlation( say 0.5) will result in low beta. So correlation will play big role in beta value of a stock. However there will be few stocks, which doesn't move exactly as that of market but still are high volatile. I will explain volatility in short. If one is filtering stocks based on beta, they will loose out gains on these high volatile stocks. Instead of measuring an expected amount of return on a stock with respect to beta, we could simply use volatility to monitor a list of high volatile stocks to reap good returns over time. Volatility: If market moves +0.5%, say stock x moves 1%, conversely if market moves -0.5%, stock x moves -1%, it is safe to say stock x is high volatile. In statistics/math terms, how much the stock is deviating from its mean compared to market, gives a relative value of volatility with respect to market. Standard deviation of stock versus market gives the volatility of the stock. Higher the volatility, higher the gains or losses on the stock. Expecting returns on a stock based on the standard deviation is difficult. Instead, I will simply use a different calculation(explained below), that helps you easily see the expected returns in layman terms. Say, if you buy a stock at the lowest price on a specific month, and sell at highest price in that same month, the profit can be measured in percentage wise. That same number averaged over 12 months gives a rough idea of how much profit one can expect if timed properly every month. Selecting and timing on these high percentage profit returning stocks will amplify the returns over long time, compared to investing or trading in the low volatile stocks. The indicator(free) of mine sangana beta table will list the stocks sector wise, how much percentage a stock moves low to high in a month. It works for S&P500 and Nifty 500 stocks. Happy trading !!!
NASDAQ:TSLAEducation
by JKReddyLin