What is Teslas price prediction for tomorrow

Tesla's price prediction for tomorrow is not conclusive. Here's an analysis based on various indicators:

1. Short-term Trend: Tesla's short-term debt has been increasing, with the latest figure at $2.26 billion. This could indicate financial strain, which might affect the stock price negatively.

2. Moving Averages: The 5-day moving average is $222.26, the 10-day is $226.53, and the 20-day is $238.96. The fact that the shorter-term moving averages are below the longer-term averages suggests a bearish trend.

3. Recent Performance: Tesla's stock has experienced a significant decline, with a 1-week percentage change of -5.52% and a 1-month percentage change of -15.71%. This indicates a recent trend of selling pressure.

4. Analyst Ratings and Price Targets: The average price target is $213.92, with a high forecast of $310.00 and a low forecast of $115.00. This average price target represents a -13.17% change from the last price of $246.38. The disparity in price targets suggests significant uncertainty among analysts.
5. Technical Indicators: According to one forecast, Tesla's stock is expected to drop by -20.54% and reach $172.28 per share by August 6, 2024. Another forecast suggests the stock could rise 40.81% during the next 3 months, which is a more bullish outlook.
6. Market Sentiment: The stock holds sell signals from both short and long-term moving averages, indicating a negative sentiment. However, the recommendation to hold a price between $292.42 and $402.70 at the end of the 3-month period suggests a potential for recovery.

In conclusion, while there are signs of bearishness in the short term, such as the recent decline and negative moving averages, there is also a potential for a rebound, as indicated by some analyst price targets and the forecast of a rise in the next 3 months. The overall sentiment seems to be cautious, with a slight lean towards negative.