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Tesla is last in the 'Magnificent 7' rally — and the first tech giant to report earnings: Chart of the Day [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Since the broader market's March 30 low, Tesla is up only 11%, dead last among its Magnificent Seven tech peers. It's also down 12% year to date, the second-worst Mag 7 performer, with only Apple ( AAPL ) faring worse. And on today's tape, it's the second-biggest decliner in the group, trailing only Meta ( META Tesla's 1-year chart with the 200-day moving average. The one-year chart tells the story of a range-bound stock. Four formations stand out. First, a months-long sideways consolidation through the summer, with price oscillating around the 200-day moving average . Second, a steady climb that carried the stock into the fall. Third, a steep rally to new all-time highs in December that turned into a false breakout — the move was quickly reversed. And fourth, a long descending trendline that defined the decline into the April lows and that Tesla just broke above last week. On Friday, Tesla barely closed above its 200-day, which sits around $400. Today, the stock has slipped
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