TRACTOR SUPPLY COMPANY (TSCO) Stock Technical Analysis
USA - NASDAQ:TSCO - US8923561067 - Common Stock
56.52 USD
+0.1 (+0.18%)
56.52 USD
0 (0%)
Overall TSCO gets a technical rating of 2 out of 10. In the last year, TSCO was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month TSCO has a been trading in the 56.18 - 62.87 range, which is quite wide. It is currently trading near the lows of this range.
TSCO has an average volume of 4798400 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.
When comparing the performance of all stocks over the past year, TSCO turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
TSCO is an average performer in the Specialty Retail industry, it outperforms 53% of 122 stocks in the same industry.
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.
The technical rating of TSCO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
47.91
63.29
When analyzing the support we can see 3 important areas.
- Support @56.41 from a horizontal line in the daily time frame.
- Support @52.81 from a horizontal line in the daily time frame.
- A support zone ranging from 48.39 to 48.98. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @56.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 57.94 to 59.60. 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 | 50.33 | NEUTRAL | TSCO is not amongst the best or worst performers 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) | 35.38 | NEUTRAL | The RSI value for TSCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests TSCO has a negative trend. |
| Stochastics (14,3) | 4.98 | OVERSOLD | The low Stochastics value suggests TSCO may be oversold. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for TSCO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.67 | NEUTRAL | The ADX value for TSCO suggests a possible start of a new 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)
56.52
+0.1 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.18%
1 Week-5.26%
2 Weeks-6.75%
1 Month-9.78%
3 Month9.3%
6 Month5.7%
12 Month-1.24%
2 Year39.18%
3 Year52.03%
5 Year97.15%
10 Year235.15%
15 Year1325.11%
Volatility
ATR(14)1.18
ATR(20)%2.04%
ATR Inc-27.6%
Range Today0.63
ADR(20)1.11
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.33
Mansfield-0.78
10 Day High60.86
10 Day Low56.18
20 Day High62.87
20 Day Low56.18
52 Week High63.99
52 Week Low46.85
CS1 End56.41
CR1 Start56.95
Volume & EV
DER(3)-0.63%
DER(5)-1.55%
Volume3.00M
Volume Incr-10.73%
Vol(5)3.88M
Vol(50)4.80M