A falling wedge is a chart pattern suggesting a probable rise in a stock's price. This bullish pattern emerges during a downtrend, as the price range tightens and the trend lines converge.
RSI: 35.02 as of 02/10/2025
TSLA's price began 2025 at $403.84. As of today, it stands at $350.73, reflecting a -13% decrease since the start of the year. By the end of 2025, it's projected to reach $692, a year-to-year increase of +71%. This marks a +97% rise from today’s price. Mid-2025 predictions place Tesla at $477. In the first half of 2026, the price is expected to climb to $805, and by year-end, add another $163 to close at $968, which is +176% from the current price.
-Month Low $350.51 Low $350.51 Pivot Point 1st Support Point $346.59 Pivot Point 2nd Support Point $342.46 Price 1 Standard Deviation Support $334.84 Pivot Point 3rd Support Point $334.40 Thank you