Auto-detected technical analysis for TSLA · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
TSLA is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.
A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $446.05 (+13.9%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; TSLA's own falling wedges have hit 57.1%.
New to this pattern? What a falling wedge is and how to trade it →
TSLA's most recent completed falling wedge resolved as a loss: it broke higher on Jun 29, 2026 near $394.71, then was stopped out at $319.69 on Jul 23, 2026 — a -2.87R move (19.0%) over 17 sessions. Across 77 backtested falling wedges, this setup wins 68.8% of the time.
Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.
Every completed pattern trade our nightly backtest found on TSLA's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling Wedge | Jun 29, 2026 @ $394.71 | Jul 23, 2026 @ $319.69 | Loss | -2.87R |
| Triangle | Jun 5, 2026 @ $418.85 | Jul 23, 2026 @ $361.51 | Win | +2.14R |
| Falling Wedge | Mar 27, 2026 @ $361.83 | May 11, 2026 @ $445.00 | Loss | -1.12R |
| Triangle | Mar 6, 2026 @ $397.95 | Mar 30, 2026 @ $358.46 | Win | +1.03R |
| Triangle | Sep 10, 2025 @ $351.50 | Oct 2, 2025 @ $436.00 | Win | +3.26R |
| Triangle | Aug 25, 2025 @ $347.27 | Oct 2, 2025 @ $436.00 | Win | +2.72R |
| Triangle | Aug 8, 2025 @ $323.30 | Oct 2, 2025 @ $436.00 | Win | +4.42R |
| Triangle | Aug 1, 2025 @ $304.93 | Aug 11, 2025 @ $339.03 | Loss | -1.03R |
| Falling Wedge | Apr 23, 2025 @ $254.86 | May 23, 2025 @ $339.34 | Win | +2.63R |
| Falling Wedge | Apr 15, 2025 @ $257.65 | May 23, 2025 @ $339.34 | Win | +1.88R |
| Triangle | Jan 27, 2025 @ $394.80 | Feb 26, 2025 @ $290.83 | Win | +2.31R |
| Bullish Pennant | Dec 5, 2024 @ $367.00 | Dec 20, 2024 @ $421.06 | Win | +1.34R |
On the weekly chart, price is resting in the open space between a floor below near $322.96 and a ceiling above near $515.91.
Nearest auto-detected resistance near $516.97. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $324.00 | $329.57 | $320.79 | $327.35 |
| Aug 3, 2026 | $310.96 | $324.65 | $310.43 | $322.08 |
| Jul 31, 2026 | $309.69 | $315.50 | $301.97 | $311.21 |
| Jul 30, 2026 | $302.70 | $310.87 | $301.33 | $308.85 |
| Jul 29, 2026 | $307.14 | $309.06 | $297.38 | $298.32 |
| Jul 28, 2026 | $305.93 | $311.16 | $300.69 | $307.44 |
| Jul 27, 2026 | $313.24 | $317.00 | $304.28 | $309.22 |
| Jul 24, 2026 | $320.72 | $322.96 | $306.51 | $313.03 |
| Jul 23, 2026 | $341.00 | $342.11 | $315.74 | $319.69 |
| Jul 22, 2026 | $375.53 | $380.17 | $372.90 | $374.01 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.