Tesla TSLA stock has a bearish daily setup , with its $343.69 close below all three daily exponential averages and the daily lower Bollinger band . The hourly chart supports that bias. However, a positive 15-minute MACD histogram creates a short-term conflict, not a confirmed bullish daily case.
TSLA — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
Tesla TSLA stock closed at $343.69 on Thursday, below the previous close of $385.19 and the daily lower Bollinger band at $346.80.
Daily RSI14 is 35.81 , below neutral 50; daily MACD histogram is -2.95 , below zero.
The close sits below all three daily EMAs: 20-session at $382.07, 50-session at $374.59, and 200-session at $378.55.
Hourly RSI14 is 20.95 , in oversold territory; the 15-minute MACD histogram is positive at 1.8.
Next-session daily pivot is $352.05, with first support at $329.79 and first resistance at $365.94.
On Thursday, November 5, 2026, Tesla opened at $374.12. The stock opened at $374.12, traded between a low of $338.15 and a high of $374.30, and closed at $343.69, against a previous close of $385.19. The stock fell 10.77% versus the previous close of $385.19, with session volume of 79,133,000 shares.
Tesla TSLA Stock: Daily Structure Favors the Bearish Case
The daily chart places Tesla TSLA stock in a bearish position, with the $343.69 close below all three key exponential averages and the lower Bollinger band. The close sits below the 20-session EMA at $382.07, the 50-session EMA at $374.59 and the 200-session EMA at $378.55. These averages form an overhead resistance area. Their order is not a fully bearish alignment, giving buyers a substantial hurdle before a bullish trend argument becomes credible.
Daily Momentum and Volatility
Meanwhile, daily RSI14 fell to 35.81 from 51.38 in the preceding session. It sits below neutral 50 but not in oversold territory. The daily MACD histogram crossed below zero to -2.95 from 0.71. The MACD line at 3.79 remains below its signal at 6.74, supporting the bearish daily reading.
The close is also below the daily lower Bollinger band at $346.80. The mid-band at $381.65 and upper band at $416.49 remain overhead. Notably, daily ATR14 rose to $16.44 from $14.09, indicating greater measured daily price variability than in the preceding reading.
Hourly Chart Confirms Bearish Bias While Short-Term Signals Conflict
The hourly chart supports the bearish daily thesis. Price sits below all three hourly EMAs and between the lower and mid Bollinger bands. However, oversold hourly RSI readings and a conflicting 15-minute MACD signal complicate execution timing.
Hourly Trend and Volatility Context
On the hourly chart, the session close sits below the 20-hour EMA at $368.61. It also remains below the 50-hour EMA at $382.72 and the 200-hour EMA at $380.38. Price sits between the hourly lower Bollinger band at $328.06 and the mid-band at $375.37. These positions support the daily bearish bias without placing price below the hourly lower band.
Hourly RSI14 rose to 20.95 from 19.83, while remaining in oversold territory. The hourly MACD histogram increased to -4.22 from -5.02, but the MACD line at -15.49 remains below its signal at -11.27. Hourly ATR14 stands at $7.36, providing the shorter-term volatility reference.
15-Minute Timing Signal
In contrast, the 15-minute MACD line at -6.1 is above its signal at -7.9, producing a positive histogram of 1.8. That is a bullish timing signal within a bearish daily setup. The close remains below the bearishly aligned 15-minute EMAs: $346.46 for 20 periods, $360.87 for 50 periods and $383.25 for 200 periods.
The 15-minute RSI14 is 37.24, below neutral 50. Meanwhile, the close sits above the 15-minute Bollinger mid-band at $343.15 but below its upper band at $348.17. ATR14 is $3.67 on this timeframe. Together, these readings leave execution conditions mixed rather than confirming a bullish daily thesis.
Next-Session Scenarios for Tesla TSLA Stock
During Thursday’s session, Bloomberg reported investor concern that the midterm election outcome could constrain Musk’s business expansion plans. That is reported news context, separate from the technical evidence defining Tesla’s daily bias.
For trading when the next session resumes, the daily pivot sits at $352.05 . Daily first resistance (R1) is $365.94, and daily first support (S1) is $329.79. The hourly pivot for the next session is $343.63, with first resistance at $345.97 and first support at $341.23.
Bullish Scenario
A bullish scenario requires holding the hourly pivot at $343.63 and clearing hourly first resistance at $345.97. Reclaiming the daily lower Bollinger band at $346.80 would provide further support. A move above the daily pivot at $352.05 would strengthen that case, with daily first resistance at $365.94 the next reference.
Bearish Scenario
Conversely, a break below hourly first support at $341.23 would undermine that bullish scenario. Below the session low at $338.15, daily first support at $329.79 becomes the next downside reference. These are conditional thresholds, not forecasts.
Overall, Tesla TSLA stock stands below the daily lower band and next-session daily pivot, with daily ATR14 at $16.44. The unresolved issue is whether positive 15-minute MACD positioning can support reclaiming overhead levels despite bearish daily and hourly evidence.
FAQ
What is the daily trend structure for Tesla TSLA stock?
Tesla TSLA stock closed at $343.69, below the 20-session EMA at $382.07, the 50-session EMA at $374.59, and the 200-session EMA at $378.55. The close also sits below the daily lower Bollinger band at $346.80. Daily RSI14 is 35.81, below neutral 50, and the daily MACD histogram is at -2.95, both supporting a bearish bias.
Is there any conflicting signal in the short-term picture?
Yes. The 15-minute MACD histogram is positive at 1.8, with the MACD line at -6.1 above its signal at -7.9. However, the 15-minute RSI14 remains at 37.24, below neutral 50, and the close stays below all three 15-minute EMAs: $346.46 for 20 periods, $360.87 for 50 periods and $383.25 for 200 periods.
What are the key levels to watch in the next session?
The daily pivot is $352.05, with first resistance at $365.94 and first support at $329.79. On the hourly timeframe, the pivot is $343.63, with first resistance at $345.97 and first support at $341.23. These are conditional thresholds drawn from the technical structure, not forecasts.
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