TSLA Stage 4 Downtrend: Deep Base Fails, Bearish Setup Persists

Posted on by Eben@CANSLIM Research
TSLA daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY — CANSLIM Research

Tesla (TSLA) remains entrenched in a Stage 4 decline, trading at $342.27, well below its declining 30-week moving average. The stock has failed all eight trend-template checks, with price sitting 30.1% off its 52-week high and only 14.7% above the low. The current 33-week base is classified as a deep, faulty pattern with a 39.1% depth, and no VCP or bullish flag is detected, reinforcing a bearish outlook.

As of 2026-08-14 · Close $342.27

Stage 4 (Declining) — Price below a declining 30-week MA — downtrend (30-week MA 6-week slope: -4.89%)

⚠️ Faulty cup warning: the base is 39.1% deep (above the 38–40% threshold). A correction this deep leaves heavy overhead supply — trapped holders from higher prices are likely to sell into any rally, raising the failure rate of a breakout from this base.

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