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TSLA based on the technical analysis and the stock's performance

Short
NASDAQ:TSLA   Tesla
Based on the information provided, let's analyze TSLA, the stock of Tesla, Inc. as if we were top stocks broker experts.

At the time of this analysis, TSLA is trading at a price of $191.04, with a change of 0.967% or $1.83, indicating a slightly positive market sentiment. The 1-month high and low for the stock are $211.23 and $163.91, respectively.

From the technical analysis perspective, the stock is showing a "Strong Buy" rating with a "Buy" rating on oscillators. The stock is currently trading above its simple moving average (10) and exponential moving averages (20, 50, 100, and 200), which indicates a bullish trend.

The average directional index (14) and commodity channel index (20) are showing neutral to slightly positive momentum. The relative strength index (14) is at 53.07, indicating the stock is neither oversold nor overbought.

The stochastic %K and %D (14, 3, 3) are at 48.31 and 52.94, respectively, indicating a neutral market sentiment. The Aroon Up (14) is at 28.57, indicating a slightly positive trend, while the Aroon Down (14) is at 0, indicating no bearish trend. The parabolic SAR is at $198.50, indicating a bullish trend.

The 1-year beta for TSLA is 1.82, indicating that the stock is highly volatile and correlated with the overall market. The YTD performance of the stock is 61.18%, indicating a strong bullish trend over the past year. The 5-year performance of the stock is 1016.74%, indicating the stock has had strong long-term growth.

In conclusion, based on the technical analysis and the stock's historical performance, TSLA has a strong bullish trend, and investors should consider buying the stock. However, given the high volatility of the stock, it is important to monitor the market sentiment closely. As always, we recommend investors consult with their financial advisors before making any investment decisions.
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