TRACTOR SUPPLY COMPANY (TSCO) Stock Technical Analysis
USA - NASDAQ:TSCO - US8923561067 - Common Stock
55.2 USD
+0.04 (+0.07%)
55.2 USD
0 (0%)
Taking everything into account, TSCO scores 0 out of 10 in our technical rating. 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.
73% of all other stocks performed better in the past year than TSCO.
TSCO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
TSCO has an average volume of 4371040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
TSCO is part of the Specialty Retail industry. There are 120 other stocks in this industry, TSCO did better than 49% of them.
TSCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TSCO is lagging the market.
Although the technical rating is bad, TSCO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 57.07. Right above this resistance zone may be a good entry point.
More info and screens
47.37
63.29
2 important support areas can be observed.
- A support zone ranging from 54.24 to 54.73. 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 47.85 to 48.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 57.07 to 58.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @60.67 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 61.77 to 62.66. 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 | NEUTRAL | NEUTRAL | The long term trend for TSCO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSCO is down. |
| ChartMill Relative Strength | 27.66 | NEGATIVE | TSCO has a low relative strength, it was outperformed by 72.34% 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 | POSITIVE | The current price of TSCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.79 | NEUTRAL | The RSI value for TSCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests TSCO has a positive trend. |
| Stochastics (14,3) | 50.35 | NEUTRAL | The Stochastics value for TSCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for TSCO suggests some volalility. |
| Average Directional Index/ADX (14) | 18.64 | NEGATIVE | The low ADX value for TSCO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
55.2
+0.04 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.07%
1 Week1.77%
2 Weeks-1.13%
1 Month-7.48%
3 Month-2.44%
6 Month10.05%
12 Month-7.26%
2 Year43.33%
3 Year25.59%
5 Year107.19%
10 Year198.73%
15 Year1294.64%
Volatility
ATR(14)1.25
ATR(20)%2.13%
ATR Inc-19.33%
Range Today0.71
ADR(20)1.15
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.66
Mansfield-0.91
10 Day High56.58
10 Day Low53.26
20 Day High59.64
20 Day Low53.26
52 Week High63.99
52 Week Low46.85
CS1 End54.73
CR1 Start57.07
Volume & EV
DER(3)-1.08%
DER(5)-0.26%
Volume3.39M
Volume Incr-0.87%
Vol(5)4.58M
Vol(50)4.37M