Tesla: Daily Read | 2026-10-22

Tesla (TSLA) closed the last session near $386.47, 3.4% higher and pressing the top of its one-month range. The one-month average sits near $370.03, and price is above it, so that line is the pivot the two-way traffic keeps returning to. Momentum has firmed over the last two weeks, roughly 2.3% up, leaving the structure as a clean uptrend, price above both its one-month and longer averages. The levels that matter are $388.84 overhead, the past month’s swing high, about 0.6% above here, with $345.88 below as the shelf that has held, roughly 10.5% down; the $390.00 and $380.00 round numbers are the nearer handles. Zoom out and the last three months have ranged between $297.38 and $413.16, which frames the bigger picture. For now the tilt is bullish: a close above $388.84 would open room toward $413.16, while losing $345.88 would put $297.38 back in view.

Key levels: support $345.88 (10.5% below), resistance $388.84 (0.6% above), one-month average $370.03, three-month range $297.38 to $413.16.