Overall TSCO gets a technical rating of 0 out of 10. 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.
Although the technical rating is bad, TSCO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 50.98, a Stop Loss order could be placed below this zone.
More info and screens
47.37
When analyzing the support we can see 2 important areas.
- Support @50.98 from a horizontal line in the daily time frame.
- A support zone ranging from 47.85 to 48.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 52.17 to 53.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 55.81 to 56.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @60.67 from a horizontal line in the weekly time frame.
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 | 23.26 | NEGATIVE | TSCO has a low relative strength, it was outperformed by 76.74% 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) | 38.97 | NEUTRAL | The RSI value for TSCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests TSCO has a negative trend. |
| Stochastics (14,3) | 29.14 | NEUTRAL | The Stochastics value for TSCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for TSCO suggests some volalility. |
| Average Directional Index/ADX (14) | 13.6 | NEGATIVE | The low ADX value for TSCO suggests a weak or negative trend. |
51.4
-0.93 (-1.78%)
TRACTOR SUPPLY COMPANY / TSCO FAQ
What is the ChartMill technical rating of TRACTOR SUPPLY COMPANY (TSCO) stock?
ChartMill assigns a technical rating of 0 / 10 to TSCO.
What is the trend direction for TSCO stock?
The current trend direction for TRACTOR SUPPLY COMPANY (TSCO) is Bearish.
What is the RSI signal for TRACTOR SUPPLY COMPANY (TSCO) stock?
TRACTOR SUPPLY COMPANY (TSCO) has an RSI value of 38.973. This indicates that the stock is currently neutral.
What is the short term momentum for TRACTOR SUPPLY COMPANY (TSCO) stock?
The short term momentum for TRACTOR SUPPLY COMPANY (TSCO) is negative.
Can you provide the buy/sell signal for TRACTOR SUPPLY COMPANY?
The buy/sell signal for TRACTOR SUPPLY COMPANY (TSCO) is sell as both the short term and long term trends are negative.