Tesla: Daily Read | 2026-10-20

Tesla (TSLA) closed the last session near $368.06, 3.8% higher and sitting mid-range over the past month. The one-month average sits near $369.97, 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 2.8% 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 5.6% above here, with $345.88 below as the shelf that has held, roughly 6.0% down; the $370.00 and $360.00 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 mixed: a close above $388.56 would open room toward $413.16, while losing $345.88 would put $297.38 back in view.

Key levels: support $345.88 (6.0% below), resistance $388.56 (5.6% above), one-month average $369.97, three-month range $297.38 to $413.16.