TSLA support and resistance levels analysis

To provide a professional support and resistance analysis for Tesla (TSLA), I will: 1. Retrieve TSLA’s recent price data and perform descriptive statistics to identify key price levels. 2. Analyze the price action to determine likely support and resistance zones based on historical highs, lows, and closing prices. Let me start by gathering TSLA’s recent price data and performing the necessary statistical analysis.Here is a professional analysis of TSLA’s support and resistance levels based on recent price action and technical patterns: ### Key Support and Resistance Levels (Recent 60 Trading Days) - **Recent Highs (Potential Resistance):** - $365 (2025-05-28) - $357.54 (2025-06-23) - $347.35 (2025-05-21) - **Recent Lows (Potential Support):** - $281.85 (2025-06-09) - $305.50–$312.76 (range seen repeatedly in June–July) - $319.04–$323.63 (early August lows) ### Technical Pattern Insights - **Bullish Patterns:** - Multiple double bottom and triple bottom formations in the past year, indicating strong historical support zones. - Recent cup & handle and falling wedge patterns (bullish tendency) suggest buyers are defending lower levels. - **Bearish Patterns:** - Several double top and rising wedge patterns have appeared, signaling resistance at higher levels and potential for short-term pullbacks. ### Professional Interpretation - **Support Zones:** $305–$325 is a key support area, reinforced by repeated lows and bullish reversal patterns. - **Resistance Zones:** $347–$365 is a significant resistance band, as recent rallies have stalled here and bearish patterns have formed. - **Current Price Context:** TSLA closed at $330.56, which is near the midpoint of the recent trading range, suggesting the stock is consolidating between these support and resistance levels. If you would like a visual chart with these levels marked or a more granular breakdown (e.g., intraday or weekly), please let me know your preference!