We assign a technical rating of 0 out of 10 to TSCO. 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 resistance zone just above the current price starting at 51.52. Right above this resistance zone may be a good entry point.
More info and screens
47.37
When analyzing the support we notice one important area.
- A support zone ranging from 47.85 to 49.00. 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 51.52 to 53.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 55.81 to 56.38. 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.
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 | NEUTRAL | NEUTRAL | The short term trend for TSCO is neutral. |
| ChartMill Relative Strength | 23.64 | NEGATIVE | TSCO has a low relative strength, it was outperformed by 76.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TSCO is above 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) | 48.47 | NEUTRAL | The RSI value for TSCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests TSCO has a positive trend. |
| Stochastics (14,3) | 45.03 | NEUTRAL | The Stochastics value for TSCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for TSCO suggests some volalility. |
| Average Directional Index/ADX (14) | 21.29 | NEUTRAL | The ADX value for TSCO suggests a possible start of a new trend. |
51.51
+0.11 (+0.21%)
TRACTOR SUPPLY COMPANY / TSCO 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.
What is the RSI signal for TRACTOR SUPPLY COMPANY (TSCO) stock?
TRACTOR SUPPLY COMPANY (TSCO) has an RSI value of 48.4715. This indicates that the stock is currently neutral.
What is the MACD signal for TSCO stock?
The MACD indicator for TRACTOR SUPPLY COMPANY (TSCO) has a value of 0.100169, indicating a bearish trend.
What is the short term momentum for TRACTOR SUPPLY COMPANY (TSCO) stock?
The short term momentum for TRACTOR SUPPLY COMPANY (TSCO) is neutral.