TRACTOR SUPPLY CO.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TSCO
ISIN:

TRACTOR SUPPLY CO. - Daily - Technical analysis published on 03/22/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 157.13 USD

My targets

175.59 USD (+1.51%)

192.21 USD (+11.12%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TRACTOR SUPPLY CO. as long as the price remains well above 157.13 USD. The buyers” bullish objective is set at 175.59 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 192.21 USD. If there is any crossing, the next objective would be the resistance located at 210.67 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by renierlemmens. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The TRACTOR SUPPLY CO. price is 172.98 USD. The price registered an increase of +2.18% on the session and was between 168.62 USD and 174.08 USD. This implies that the price is at +2.59% from its lowest and at -0.63% from its highest.

168.62

174.08

172.98

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of TRACTOR SUPPLY CO. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	136.95	154.63	171.89	172.98
Change (%)	-20.83%	-10.61%	-0.63%	-
Change	-36.03	-18.35	-1.09	-
Level	Intermediate	Major	Major	-

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	164.17	166.40	169.63	171.86	175.09	177.32	180.55
Camarilla	171.37	171.87	172.37	172.87	173.37	173.87	174.37
Woodie	164.68	166.65	170.14	172.11	175.60	177.57	181.06
Fibonacci	166.40	168.48	169.77	171.86	173.94	175.23	177.32

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	158.31	161.70	167.29	170.68	176.27	179.66	185.25
Camarilla	170.40	171.22	172.05	172.87	173.69	174.52	175.34
Woodie	159.40	162.25	168.38	171.23	177.36	180.21	186.34
Fibonacci	161.70	165.13	167.25	170.68	174.11	176.23	179.66

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	105.43	122.05	140.51	157.13	175.59	192.21	210.67
Camarilla	149.31	152.53	155.74	158.96	162.18	165.39	168.61
Woodie	106.34	122.51	141.42	157.59	176.50	192.67	211.58
Fibonacci	122.05	135.45	143.73	157.13	170.53	178.81	192.21

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	64.77
MACD (12,26,9):	3.9100
Directional Movement:	9.74
AROON (14):	42.86
DEMA (21):	169.96
Parabolic SAR (0,02-0,02-0,2):	156.31
Elder Ray (13):	4.32
Super Trend (3,10):	155.95
Zig ZAG (10):	172.87
VORTEX (21):	0.9700
Stochastique (14,3,5):	84.48
TEMA (21):	170.91
Williams %R (14):	-5.09
Chande Momentum Oscillator (20):	17.79
Repulse (5,40,3):	3.4900
ROCnROLL:	1
TRIX (15,9):	0.2900
Courbe Coppock:	11.11

MA7:	170.43
MA20:	163.88
MA50:	157.91
MA100:	147.47
MAexp7:	169.33
MAexp20:	164.99
MAexp50:	158.47
MAexp100:	151.43
Price / MA7:	+1.50%
Price / MA20:	+5.55%
Price / MA50:	+9.54%
Price / MA100:	+17.30%
Price / MAexp7:	+2.16%
Price / MAexp20:	+4.84%
Price / MAexp50:	+9.16%
Price / MAexp100:	+14.23%

Quotes : 2021-03-19 19:59:59 - 15 min delayed data - NASDAQ Stocks

News

The last news published on TRACTOR SUPPLY CO. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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