The analysis for Tesla (TSLA) on Friday, January 16th, 2026, presents a multi-timeframe technical outlook. The weekly chart highlights 402.48 as a multi-week support level, which, if maintained, could lead to a rally towards 532.17 within three to five months. However, the market has shown a bearish tone since a gap lower opening three weeks ago below 473.82. On the daily chart, TSLA is currently positioned at 438.37, trading within a narrow range defined by 435.21 (session containment downside, an 8-month channel bottom) and 443.41 (session containment upside, a descending channel top). The analysis posits that a decisive close outside this range will dictate the immediate direction. Specifically, a settlement below 435.21 would activate a two-to-three-week sell signal, targeting 402.31, a multi-week containment level. If this 402.31 level is subsequently breached with a close below it, further downside is projected towards 318.33 within two to three months into the second quarter. Conversely, a daily close above 443.41 is expected to drive prices higher into the low 470s (specifically 470.38, a 61.8% Fibonacci retracement, and the 473.82 prior all-time high low) within a couple of weeks. The analysis suggests that the market will likely reveal its short-term hand by the end of today's trading session.