The Greedy Trader Weekly Analysis
Sign In May 3, 2024
Skip Navigation Links
Share
Number of records: 0
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Industry Stocks Technical Analysis - TSCO

Archive
- 4/26/2024 -
Sign In to see current Signals.

Tractor Supply Company (TSCO) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overbought
Daily :Lane's Stochastic is overboughtDaily  MACD line has moved above its signal lineThe price is above the upper Bollinger Band
Move cursor over the icon to see details.

It was a second positive week after 3 consecutive negative weeks for the Tractor Supply Company (TSCO). During the week, the TSCO gained 21.11 points, or 8.35%, and closed at 273.90 on Friday, April 26, 2024. Weekly volume was 21% above average.

Long-term trend: [See TSCO long-term trend chart]
A long-term uptrend had started on July 12, 2017 at 49.87 and reached 274.66 on April 26, 2024. TSCO gained -224.79 points, or -450.75%, in 354 weeks. Price is near the trend high.

Medium-term trend: [See TSCO medium-term trend chart]
A medium-term uptrend had started on October 26, 2023 at 185.00 and reached 274.66 on April 26, 2024. TSCO gained -89.66 points, or -48.46%, in 26 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 257.34 and resistance is at 280.50. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See TSCO weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since December 1, 2023. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See TSCO short-term trend chart]
A short-term uptrend had started on April 15, 2024 at 241.52 and reached 274.66 on April 26, 2024. TSCO gained -33.14 points, or -13.72%, in 11 days. Price is near the trend high.

Daily Technical Indicators: [See TSCO daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 75.84
Williams' Percentage Range (W%R) 30.20
Lane's Stochastic (%D-Slow) 89.35
Overbought
Greed/Fear Indicator (GFI) 78.34
Moving Average Converg./Diverg. (MACD) 0.84
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.87
Williams' Percentage Range (W%R) 14.50
Overbought
Lane's Stochastic (%D-Slow) 65.52
Greed/Fear Indicator (GFI) 72.16
Moving Average Converg./Diverg. (MACD) 9.23
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 280.50
Price 273.90
Daily Stochastic Crossing 272.16
Upper Bollinger Band 269.26
Weekly Stochastic Crossing 261.74
Quarterly Trendline Support 257.34
20 Day Moving Average 253.22
Parabolic System 252.15
50 Day Moving Average 251.96
Lower Bollinger Band 240.94
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 4
Industry Specialty Stores 62
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 241.52
Low Date 04/15/2024
High 274.66
High Date 04/26/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 241.52
Low Date 04/15/2024
High 274.66
High Date 04/26/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 241.52
Low Date 04/15/2024
High 274.66
High Date 04/26/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 280.50
Support 257.34
Low 185.00
Low Date 10/26/2023
High 274.66
High Date 04/26/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 49.87
Low Date 07/12/2017
High 274.66
High Date 04/26/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.