Tesla: Daily Read | 2026-10-18

Tesla (TSLA) closed the last session near $354.72, 2.1% lower and trading in the lower half of its one-month range. The one-month average sits near $370.33, and price is below it, so that line is the pivot the two-way traffic keeps returning to. Momentum has cooled over the last two weeks, roughly 4.3% down, leaving the structure as a pullback, slipping under the one-month average while the longer trend still points up. The levels that matter are $388.56 overhead, the past month’s swing high, about 9.5% above here, with $345.88 below as the shelf that has held, roughly 2.5% down; the $360.00 and $350.00 round numbers are the nearer handles. Zoom out and the last three months have ranged between $297.38 and $431.51, which frames the bigger picture. For now the tilt is bearish: a close above $388.56 would open room toward $431.51, while losing $345.88 would put $297.38 back in view.

Key levels: support $345.88 (2.5% below), resistance $388.56 (9.5% above), one-month average $370.33, three-month range $297.38 to $431.51.