Tesla Inc experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics. At 10:50 AM EST on November 18th, Tesla triggered a Power Inflow signal at a price of $396.47.
Impact on Trading
Following the alert, both retail and institutional trading interest in Tesla shifted more towards the buy side, leading to a significant rise in the stock price. The stock eventually reached a post-alert high of $408.90 as of 2:45 PM EST, representing a 3.14% increase.
Understanding the Power Inflow Signal
The Power Inflow alert is a proprietary signal that highlights when there is a significant shift in order flow, specifically indicating a strong trend towards buying activity. This suggests a high probability of bullish price movement for the rest of the day, making it a potentially strategic and opportune entry point for active traders.
How Order Flow Analytics Work
Order flow analytics analyze real-time buying and selling trends by examining the volume, timing, and order size across both retail and institutional traders. These insights offer a more detailed understanding of price behavior and market sentiment for a stock, allowing traders to make informed decisions.
TSLA Intraday Performance
- At the time of the Power Inflow, Tesla was priced at $396.47.
- Following the signal, the stock reached an intraday high of $408.90, representing a 3.14% increase.
Conclusion
Today’s Power Inflow alert on Tesla demonstrates how real-time order flow analytics can reveal bullish momentum, especially during a period of significant decline in stock price. Any trader who bought shares of Tesla shortly after the Power Inflow signal could have realized a substantial intraday gain, highlighting the effectiveness of the Power Inflow signal and the advantage of monitoring order flow data.
Important Notes
Investing involves risk, including possible loss of principal, and past performance is not indicative of future results. Please consult a licensed financial advisor before making any investment decisions.