The volume on Tesla has been steadily increase as the trading looks like a cryptocurrency with the long tail doji.
The Stochastics is headed lower.
Looks like there is more selling on the way.
I will trade Tesla based on the Stochastics.
| Stat | Value |
|---|---|
| PE | 1028.24 |
| EPS | 0.39 |
| Beta | 1.64 |
| Profit Margin | 1.43% |
| Operating Margin | 4.74% |
| Avg Volume | 74.16M |
| Shares Outstanding | 931.81M |
| Float | 740.83M |
| Shares Short | 61.56M |
| Short % of Outstanding | 6.61% |
| Dividend | MA |
| % Held by Insiders | 20.51% |
| % Held by Institutions | 57.93% |
Positives:
- Earnings vs Savings Rate: TSLA's forecast earnings growth (41.2% per year) is above the savings rate (2.2%).
- Earnings vs Market: TSLA's earnings (41.2% per year) are forecast to grow faster than the US market (23.4% per year).
- High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
- Revenue vs Market: TSLA's revenue (23.8% per year) is forecast to grow faster than the US market (9.7% per year).
- High Growth Revenue: TSLA's revenue (23.8% per year) is forecast to grow faster than 20% per year.
Negatives
- Below Fair Value: TSLA ($407) is trading above our estimate of fair value ($131.12)
- Significantly Below Fair Value: TSLA is trading above our estimate of fair value.