Tesla Aims for Record Peaks as Bitcoin Drops to $86,000: Market Movers for Monday
Market Overview: Wall Street remained mostly unchanged as investors showed caution ahead of significant economic data releases, including payroll and retail sales figures, with major indexes hovering near flat levels.
Interest Rate Expectations: Market expectations for interest rate cuts have shifted, with only a 24% probability assigned to a rate cut in January, and traders now anticipating easing to be more concentrated in the second half of 2026.
Stock Performance: Tesla Inc. saw a notable increase of over 4%, continuing its upward trend, while ServiceNow Inc. and Zillow Group Inc. faced significant declines of nearly 11% each due to downgrades and competitive pressures.
Commodities and Cryptocurrencies: Silver prices rebounded, while cryptocurrencies weakened, with Bitcoin and Ethereum both experiencing declines, reflecting broader market volatility.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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