Tesla's 15min chart triggers RSI Oversold and KDJ Golden Cross.

Thursday, Jul 24, 2025 12:47 pm ET2min read

Based on the 15-minute chart for Tesla, the Relative Strength Index (RSI) has reached an oversold level, while the KDJ (KST Divergence) indicator has formed a golden cross at 07/24/2025 12:30. This suggests that the stock price has experienced a significant decline, potentially exceeding its fundamental support level. Furthermore, the momentum of the stock price appears to be shifting towards an upward trajectory, indicating a potential for further price appreciation.

July 24, 2025 - Tesla (TSLA) experienced a significant stock plunge on Thursday, July 24, as its 9% drop weighed heavily on market sentiment despite positive earnings reports from Alphabet and IBM. The Dow Jones Index slipped, dragged down by a surprise selloff in IBM shares, while the tech-heavy Nasdaq and S&P 500 indices edged higher on strong results from Google's parent company, Alphabet [1].

IBM's stock sank 8% despite beating earnings expectations, with the company reporting $2.80 earnings per share for Q2, surpassing the consensus estimate of $2.65. However, investors were spooked by slower-than-expected growth in software revenue, leading to the stock's decline [1].

Tesla's stock lost 9% on a major earnings miss, with revenues down 12% year-over-year to $22.5 billion, missing expectations of $22.64 billion. Earnings were also at 40 cents per share, compared to the estimated 42 cents. Elon Musk warned that the company could face "a few rough quarters" ahead, citing the loss of electric vehicle incentives [1].

The market sentiment around Tesla was further influenced by a new partnership between clean energy provider Sunrun and Tesla. Sunrun announced a home energy plan in Texas, combining Sunrun Flex solar and storage with a customized Tesla Electric retail plan. While this partnership shifted retail sentiment from 'bearish' to 'neutral' on Stocktwits, it did not significantly alter overall market perceptions [2].

Elon Musk's recent commitment to Tesla's artificial intelligence (AI) ambitions also received attention. The billionaire's "game on" declaration for AI initiatives, such as autonomous driving and robotics, suggests a renewed focus on high-margin areas with long-term scalability. However, this positive sentiment was tempered by expectations of disappointing Q2 earnings, with deliveries down 14% for the second quarter [3].

The 15-minute chart for Tesla indicated that the Relative Strength Index (RSI) reached an oversold level, suggesting a significant decline in stock price. Additionally, the KDJ (KST Divergence) indicator formed a golden cross on July 24, 2025, at 12:30, signaling a potential shift in momentum towards an upward trajectory [4].

Investors should remain cautious, as the market sentiment around Tesla remains mixed. While Elon Musk's renewed focus on AI and the Sunrun partnership offer potential upside, the company's earnings miss and tariff risks may pose challenges in the near term. The consensus rating on Tesla shares currently sits at "Hold," with a mean target of about $297, suggesting potential downside of some 10% from current levels [3].

References:
[1] https://crypto.news/dow-jones-drops-tesla-stock-crushed-on-earnings-miss/
[2] https://stocktwits.com/news-articles/markets/equity/sunrun-partnership-with-tesla-isnt-enough-to-draw-retail-cheer/ch8y6DBR5Ho
[3] https://www.inkl.com/news/as-elon-musk-says-it-s-game-on-for-ai-how-should-you-play-tesla-stock
[4] Internal data analysis

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