TESCO PLC (TCO0.DE) Stock Technical Analysis
FRA:TCO0 - Deutsche Boerse Ag - GB00BLGZ9862 - Common Stock - Currency: EUR
We assign a technical rating of 10 out of 10 to TCO0. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TCO0 is showing a nice and steady performance.
Besides having an excellent technical rating, TCO0 also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.52, a Stop Loss order could be placed below this zone.
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3.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.52 to 4.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.27 to 4.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.86 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.71 to 4.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TCO0.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCO0.DE is up. |
| ChartMill Relative Strength | 86.05 | POSITIVE | TCO0.DE has a high relative strength, it outperformed 86.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCO0.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCO0.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TCO0.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.69 | NEUTRAL | The RSI value for TCO0.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TCO0.DE has a negative trend. |
| Stochastics (14,3) | 79.01 | NEUTRAL | The Stochastics value for TCO0.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for TCO0.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.06 | NEGATIVE | The low ADX value for TCO0.DE suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.76 | 4.51 | 0.25 (5.25%) | 19.04% |
| An entry @4.76. This is a Buy Stop order right above the resistance zone. | An exit @4.51. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.25 points, which is 5.25%. | When investing 19.04% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:TCO0 (6/6/2025, 7:00:00 PM)
4.62
0 (0%)