StockCharts TV on $TSLA (Nov 3, 2026)
Tesla's chart shows strength: after consolidating below the 200-day moving average in September and October, that average is now breaking to the upside and RSI is above 60. It is making higher highs and higher lows above support, so the upward trend lasts until further notice; expect resistance at the mid-400 level, but overall the setup is positive.
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One is Microsoft, the second is Apple, the third is Tesla. And without further ado, the first two charts I'm going to show you are Apple and Tesla. I have divided these 10 charts into five pairs.
The first two are major growth names, at least I think they still show quite a constructive technical setup.
Tesla is chart number two, and once again, these first two stocks are part of Dave's Dirty Deals and Leading Growth Names; But I would say that the two most promising charts of those stocks, Tesla, are starting to look very different and it was very different from the rest of those stocks in 2026.
But what I will say is what is striking about Tesla's chart: the big drop in late July, the valuation we saw after that drop , the consolidation we saw below the 200-day moving average in September and October, and the 200-day moving average now breaking to the upside.
This is a chart showing strength. The RSI is rising above 60. This is a stock that I would say deserves the benefit of the doubt. It is now making higher highs and higher lows.
It is above the moving average support. Upward trend until further notice. In terms of resistance , I'm looking at the mid-400 level. Those are the highest levels in May and June.
I would probably expect some more resistance there, but overall, I would say it's building into a pretty positive configuration.
What this channel has said about $TSLA
StockCharts TV has 4 calls on this stock; only the adjacent ones are shown.