Tesla Shares Rise Above Key 200-Day Moving Average

During trading on Tuesday, Tesla Inc (Symbol: TSLA) saw its shares surpass the 200-day moving average of $284.69, reaching a peak of $288.20 per share. Currently, Tesla’s shares are up approximately 3.5% for the day. The chart below illustrates TSLA’s performance over the past year compared to its 200-day moving average:

According to the chart, TSLA’s 52-week range shows a low of $138.8025 per share and a high of $488.5399. The latest trade price stands at $287.99. The DMA information for TSLA is sourced from TechnicalAnalysisChannel.com

Click here to find out which 9 other stocks recently crossed above their 200-day moving average »

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.