TRACTOR SUPPLY COMPANY (TSCO) Technical Analysis
NASDAQ:TSCO • US8923561067
Current stock price
TSCO Technical Rating and Analysis
Taking everything into account, TSCO scores 0 out of 10 in our technical rating. TSCO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 88% of all other stocks performed better in the past year than TSCO.
- TSCO is one of the lesser performing stocks in the Specialty Retail industry. 72% of 123 stocks in the same industry do better.
- TSCO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month TSCO has a been trading in the 38.91 - 46.62 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- TSCO has an average volume of 6375390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TSCO Weekly and Daily overview Charts
TSCO Setup Rating and Analysis
The technical rating of TSCO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
TSCO Support and Resistance Analysis
39.17
We can see 5 important resistance areas.
- A resistance zone ranging from 44.52 to 45.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @51.83 from a trend line in the daily time frame.
- Resistance @52.67 from a trend line in the weekly time frame.
- A resistance zone ranging from 55.81 to 55.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @60.67 from a horizontal line in the weekly time frame.
TSCO Technical Indicator Signal Analysis
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 | 12.05 | NEGATIVE | TSCO has a low relative strength, it was outperformed by 87.95% 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) | DOWN | NEGATIVE | The current price of TSCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.45 | OVERSOLD | The low RSI value suggests TSCO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests TSCO has a negative trend. |
| Stochastics (14,3) | 38.42 | NEUTRAL | The Stochastics value for TSCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for TSCO suggests some volalility. |
| Average Directional Index/ADX (14) | 28.36 | POSITIVE | The high ADX value value for TSCO suggests a strong trend. |
TSCO Chart- and CandleStick Pattern Analysis
TSCO Technicals: Chart, Performance Metrics, Trend & Indicators
39.57
-5.24 (-11.69%)
TRACTOR SUPPLY COMPANY / TSCO TA FAQ
What is the technical rating for TSCO stock?
ChartMill assigns a technical rating of 0 / 10 to TSCO.
Can you provide the trend direction for TRACTOR SUPPLY COMPANY?
The current trend direction for TRACTOR SUPPLY COMPANY (TSCO) is Bearish.
Can you provide the RSI signal for TRACTOR SUPPLY COMPANY?
TRACTOR SUPPLY COMPANY (TSCO) has an RSI value of 25.454. This indicates that the stock is currently oversold.
What is the MACD signal for TSCO stock?
The MACD indicator for TRACTOR SUPPLY COMPANY (TSCO) has a value of -0.104487, indicating a bearish trend.
Can you provide the support and resistance levels for TRACTOR SUPPLY COMPANY?
TRACTOR SUPPLY COMPANY (TSCO) has a resistance level at 44.52. Check the full technical report for our detailed analysis of TSCO support and resistance levels.