The price of Tesla reaches “Death Cross” case

If you have not kept a tab on the price of Tesla (it can be understood, this is like the most interesting things that occur in a world of chaos), you have missed a lot of fluctuations. It is important, you may have missed his dreaded “Death Cross” index, a historical indication of a possible decrease in the company.

Business Insider called the eventThat has been hitting stock indicators for some of the main players over the past two weeks, as the problem of customs tariffs has hit everyone. Tesla is the latest that sees the landing code, which occurs when the average moving average decreases for 50 days and decreases from an average of 200 days.

The “Death Cross”, which shows itself to Stela, should not be a great shock, only given the extent of the value of the manufacturer of electric cars in the past few months, is largely driven by the fact that its CEO seems more interested in him Play a wreckball for the federal government It is already operating the company. Tesla witnessed more than a third of its value that has been eliminated since the beginning of the year, despite some nails along the way when musk may have been able to get rid of some preferential treatment from the Trump administration. File Free advertisement for the company in front of the White HouseBut this came yet Wide -scale protests against the company Put a dent in its reputation and future horizons.

Tesla is far from the flashing of the “Cross of Death”. S & P 500 and Nasdaq 100 Both showed it as well On Monday, as fluctuations continue in wild ways to somewhat unpredictable thanks to the endless uncertainty that the Trump administration provided to the market through a blanket tariff and “Do they will not do”, no. ” Get the treatment and less.

The vision that Tesla was beaten with Death Cross may provide some suspense in a Tim Walz laughs at the low price of Tesla share Kinda method. But I must be honest, as a person who does not completely indulge in the financial markets, the graph style reads somewhat amaze me as a astrology of men in suits. Like, because The line displays the shape of a necklaceThis means that it is esophagus to explode? What does this mean? You may also say it is a suitable time to buy because mercury is back.

However, it seems that analysts do not believe that the intersections of death are reliable on an indicator as is sometimes described by the readers’ readers. According to ReutersAbout half of the time the death cross appears, represents the worst point for the index instead of a sharp decline. Regardless, it is possible that it is good to make fun of Tesla-MAXXERS with this news if you want an easy laugh.