NASDAQ:TSCO • US8923561067
We assign a technical rating of 0 out of 10 to TSCO. TSCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
TSCO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 51.54, a Stop Loss order could be placed below this zone.
47.37
We found 2 important support areas.
We can see 3 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for TSCO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSCO is down. |
| ChartMill Relative Strength | 23.86 | NEGATIVE | TSCO has a low relative strength, it was outperformed by 76.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TSCO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.51 | NEUTRAL | The RSI value for TSCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests TSCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.66 | NEUTRAL | The Stochastics value for TSCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for TSCO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.66 | NEGATIVE | The low ADX value for TSCO suggests a weak or negative trend. |
51.6
-0.68 (-1.3%)
ChartMill assigns a technical rating of 0 / 10 to TSCO.
The current trend direction for TRACTOR SUPPLY COMPANY (TSCO) is Bearish.
TRACTOR SUPPLY COMPANY (TSCO) has an RSI value of 44.5057. This indicates that the stock is currently neutral.
The MACD indicator for TRACTOR SUPPLY COMPANY (TSCO) has a value of -0.262414, indicating a bearish trend.
The short term momentum for TRACTOR SUPPLY COMPANY (TSCO) is negative.