Tesla Inc is gaining momentum Wednesday, increasing 1.18%. The market has been high on Tesla Inc (TSLA) stock recently. TSLA gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Tesla Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TSLA!
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With TSLA Stock Today?
Tesla Inc (TSLA) stock has gained 1.18% while the S&P 500 has fallen -0.4% as of 10:39 AM on Wednesday, Feb 15. TSLA is up $2.47 from the previous closing price of $209.25 on volume of 59,141,137 shares. Over the past year the S&P 500 has fallen -6.41% while TSLA has fallen -27.47%. TSLA earned $3.62 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 58.45.
To see InvestorsObserver's Sentiment Score for Tesla Inc click here.
More About Tesla Inc
Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2022 were a little over 1.3 million vehicles.
Click Here to get the full Stock Report for Tesla Inc stock.
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