TRENDING KEYWORDS
Tesla (TSLA, $676.13) increases vehicle prices - for the third time in the last month
Electric vehicle giant Tesla has raised prices in the U.S. - for the third time in the last month.
Model 3 Standard Range price has been hiked by $500 ($37,990 to $38,490); Model 3 Long Range non-performance price increased $500 ($46,990 to $47,490), while Model 3 Performance price raised by $1,000 ($55,990 to $56,990).
Model Y Long Range non-performance price increased $500 ($49,990 to $50,490).
Prices on the Model 3 have increased by $500 - $2,000 and Model Y by $500 - $1,000 since the start of the year.
The company's price increases over the last month potentially reflects strong demand. It delivered almost 5,000 more vehicles than they produced in the first quarter.
Tesla's vehicle inventory is at a nine days of supply, compared to the typical 60 to 80 days of supply that automakers’ inventories sit around.
TSLA in downward trend: 10-day moving average crossed below 50-day moving average on May 03, 2022
The 10-day Moving Average for TSLA crossed bearishly below the 50-day moving average on May 03, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 85%.
Current price $658.80 is below $1132.76 the lowest support line found by A.I. Throughout the month of 04/25/22 - 05/25/22, the price experienced a -34% Downtrend. During the week of 05/18/22 - 05/25/22, the stock fell -7%.
TSLA moved below its 50-day Moving Average on May 05, 2022 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TSLA declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 73%.
The Aroon Indicator for TSLA entered a downward trend on May 25, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where TSLA's RSI Oscillator exited the oversold zone, 15 of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 75%.
The Stochastic Indicator shows that the ticker has stayed in the oversold zone for 12 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +5.50% 3-day Advance, the price is estimated to grow further. Considering data from situations where TSLA advanced for three days, in 253 of 325 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.
TSLA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 69%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.75.
The Tickeron PE Growth Rating for this company is 97 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 96 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 88 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: TSLA's P/B Ratio (20.040) is very high in comparison to the industry average of (2.903). P/E Ratio (89.286) is within average values for comparable stocks, (72.908). Projected Growth (PEG Ratio) (1.537) is also within normal values, averaging (4.667). TSLA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.033). P/S Ratio (12.019) is also within normal values, averaging (141.238).
The Tickeron Price Growth Rating for this company is 65 (best 1 - 100 worst), indicating fairly steady price growth. TSLA’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 26 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 86, placing this stock better than average.
The Tickeron Seasonality Score of 3 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
Automobiles continue to be arguably the most popular form of passenger travel in the U.S., and major automobile makers have revenues and market capitalizations running into multi-billions. In recent years, the industry has been experiencing some path-breaking innovations like electric vehicles and self-driving technology. While there are long-standing companies like General Motors, Ford, and Toyota Motors operating in this space, there are also emerging/rapidly growing players like Tesla – which has had a major role in the growing popularity of the electric vehicle market. With technological advancements taking steam in the auto space, we’ve also witnessed collaborations (or talks of potential partnerships) of carmakers with tech behemoths like Google’s subsidiary, Waymo.
The average market capitalization across the Motor Vehicles Industry is 31.3B. The market cap for tickers in the group ranges from 4.3M to 699.2B. TSLA holds the highest valuation in this group at 699.2B. The lowest valued company is GKIT at 4.3M.
- 5/25/22 7:32 AM: Tesla (TSLA, $628.16) saw a $89.8B market cap decrease this week
- 5/19/22 8:24 AM: Tesla (TSLA, $709.81), market cap dropped by $53.7B
- 5/18/22 5:18 AM: Tesla (TSLA, $761.61) saw a $78.4B market cap decrease this week
The average weekly price growth across all stocks in the Motor Vehicles Industry was -2.89%. For the same Industry, the average monthly price growth was -6.6%, and the average quarterly price growth was -30.44%. RNSDF experienced the highest price growth at 15.03%, while ELMS experienced the biggest fall at -25.09%.
- 5/5/22 4:57 AM: Tesla (TSLA, $952.62) was a top weekly gainer, with a +8.07% jump
- 4/9/22 5:29 AM: Tesla (TSLA, $1,025.49) was a top loser this week, declining -5.45%
- 3/19/22 4:49 AM: Tesla (TSLA, $905.39) was a top weekly gainer, with a +13.84% jump
The average weekly volume growth across all stocks in the Motor Vehicles Industry was -21.24%. For the same stocks of the Industry, the average monthly volume growth was -11.19% and the average quarterly volume growth was -26.05%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the MA200MA50 Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 53%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.67.
4 stocks in the group of tickers exhibit a similar negative trend based on the MA50MA10 indicator with an average likelihood of 74%.
The most notable companies in this group are Tesla (NASDAQ:TSLA), General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F), NIO (NYSE:NIO), Harley-Davidson (NYSE:HOG).
The average market capitalization across the group is 48.4B. The market cap for tickers in the group ranges from 302.4K to 650.8B. TSLA holds the highest valuation in this group at 650.8B. The lowest valued company is RCIT at 302.4K.
- 5/25/22 7:32 AM: Tesla (TSLA, $628.16) saw a $89.8B market cap decrease this week
- 5/25/22 7:32 AM: Great Wall Motor (GWLLF, $1.58), market cap jumped by $22.8B
- 5/19/22 8:24 AM: Tesla (TSLA, $709.81), market cap dropped by $53.7B
The average weekly price growth across all stocks in the group was -0.98%. For the same group, the average monthly price growth was -4.6%, and the average quarterly price growth was -30.79%. GWLLF experienced the highest price growth at 15.13%, while MPIR experienced the biggest fall at -35.71%.
- 5/25/22 7:32 AM: Lordstown Motors (RIDE, $1.82) is a top weekly loser for penny stocks, falling -23.85%
- 5/24/22 7:00 AM: NIO (NIO, $16) was a top weekly gainer, with a +9.97% jump
- 5/20/22 5:28 AM: FUELPOSITIVE (NHHHF, $0.13) was a top weekly gainer, with a +11.67% jump
The average weekly volume growth across all stocks in the group was 557.03%. For the same stocks of the group, the average monthly volume growth was 94.74% and the average quarterly volume growth was 56.38%
- 5/21/22 6:24 AM: The volume for Volkswagen A G stock increased for one day, resulting in a record-breaking daily growth of 202% of the 65-Day Volume Moving Average
- 5/14/22 4:16 AM: The volume for Lordstown Motors stock increased for one day, resulting in a record-breaking daily growth of 292% of the 65-Day Volume Moving Average
- 5/12/22 5:32 AM: The volume for Canoo stock increased for one day, resulting in a record-breaking daily growth of 207% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Latest blogs by Sarah Patel
Top Blogs
