NASDAQ:TSCO - Nasdaq - US8923561067 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to TSCO. TSCO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although TSCO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
47.37
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The short term trend for TSCO is up. |
ChartMill Relative Strength | 42.3 | NEUTRAL | TSCO is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSCO is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSCO is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TSCO is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 66.27 | NEUTRAL | The RSI value for TSCO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests TSCO has a positive trend. |
Stochastics (14,3) | 83.61 | OVERBOUGHT | The high Stochastics value suggests TSCO may be overbought. |
Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for TSCO suggests some volalility. |
Average Directional Index/ADX (14) | 16.05 | NEGATIVE | The low ADX value for TSCO suggests a weak or negative trend. |
55.14
+1.06 (+1.96%)