TSLA 2024 — Heikin-Ashi + Ichimoku + VWAP

1 minute read

🔍 One of the major goals of market analysis is to understand how prices move and how trends/cycles emerge over time.

But explaining these dynamics is tricky—even for practitioners. As any trader will tell you: sometimes, explaining risk management to a newcomer is harder than placing the trades themselves! 😅

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📉 The Reality Behind Price Action

Markets don’t move in straight lines. They trend, consolidate, and revert—these are the rhythms of price cycles.

Understanding these movements helps to:

  • anticipate momentum shifts,
  • design robust trading/hedging rules, and
  • make more informed portfolio decisions.

I illustrated this by analyzing Tesla (TSLA) in 2024 with a different toolkit:

  • Heikin-Ashi (smoothed candles)
  • Ichimoku (Tenkan/Kijun + Kumo Cloud)
  • Anchored VWAP (volume-weighted mean price)
  • Stochastic %K/%D (momentum oscillator)
  • OBV & Volume (M) (flow/participation)

📊 Visualization

TSLA Heikin-Ashi + Ichimoku 2024

Legend:

  • Heikin-Ashi: Smoothed price candles
  • Tenkan (9) / Kijun (26): Ichimoku baselines
  • Kumo Cloud: Span A/B volatility cloud
  • VWAP: Anchored volume-weighted average price
  • %K/%D: Stochastic oscillator
  • OBV / Volume (M): On-Balance Volume & traded volume

🧰 Methodology & Data

  • Period: 2024-01-01 → 2024-12-31
  • Data source: Yahoo Finance via yfinance
  • Indicators: Heikin-Ashi, Ichimoku, VWAP, Stoch %K/%D, OBV, Volume
  • Tools used: Python (pandas, plotly)

🧠 Why It Matters

Whether in cooking, medicine, or markets—precision matters.

  • In cooking: a wrong dose can ruin the dish.
  • In medicine: a milligram too much can have serious consequences.
  • In trading: misreading a signal or reacting late can deepen drawdowns or miss opportunities.

📚 Suggested Readings

  • Hosoda, G.Ichimoku Kinko Hyo
  • Murphy, J. (1999)Technical Analysis of the Financial Markets

🏷️ Tags

#TSLA, #Ichimoku, #HeikinAshi, #VWAP, #Stochastic, #OBV, #TechnicalAnalysis, #Plotly, #Python, #yfinance