TSLA RSI analysis.
7/31/2025 04:40pm
The RSI for Tesla (TSLA) is 48.36, which is neither in the oversold nor in the overbought territory.
|code|Ticker|Name|Date|RSI|market_code|
|---|---|---|---|---|---|
|TSLA|TSLA.O|Tesla|20250730|48.3554|185|
1. **Interpretation of RSI**:
- An RSI below 30 is typically considered oversold, indicating a stock may be undervalued and due for a price increase.
- An RSI above 70 is considered overbought, suggesting that the stock may be overvalued and due for a price correction.
- An RSI between 30 and 70 is generally considered to be in a neutral zone, indicating a balanced market with neither overbought nor oversold conditions.
2. **Tesla's Current Condition**:
- With an RSI of 48.36, Tesla's current momentum is neither strongly bullish nor strongly bearish.
- This suggests that while there may be some downward pressure, it is not yet indicative of a strong selling pressure or a trend reversal.
3. **Market Context**:
- It's important to consider the broader market context and other indicators when interpreting RSI values.
- In a trending market, the RSI can remain in the overbought or oversold territory for extended periods.
- In a range-bound market, the RSI can fluctuate more rapidly, often giving false signals.
4. **Conclusion**:
- Given Tesla's current RSI, it may be prudent for investors to look for additional confirmation from other indicators and market analysis before making trading decisions.
- The lack of an RSI reading in the overbought or oversold territory suggests that Tesla is not currently experiencing extreme buying or selling pressure.