TRACTOR SUPPLY CO.
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 10/08/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 96.49 USD
My targets
91.36 USD (-0.75%)
85.40 USD (-7.22%)
My analysis
TRACTOR SUPPLY CO. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 96.49 USD. The next support located at 91.36 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 85.40 USD. Below this support, sellers could then target 78.15 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.9

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

TRACTOR SUPPLY CO. rating 92.05 USD. The price registered a decrease of -1.14% on the session and was traded between 91.86 USD and 93.96 USD over the period. The price is currently at +0.21% from its lowest and -2.03% from its highest.

91.86
93.96
92.05

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

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 an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this TRACTOR SUPPLY CO. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Near support of triangle

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 78.15 85.40 91.36 92.05 96.49 99.27 105.18
Change (%) -15.10% -7.22% -0.75% - +4.82% +7.84% +14.26%
Change -13.90 -6.65 -0.69 - +4.44 +7.22 +13.13
Level Major Minor Major - Major Major Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard90.4591.4892.2993.3294.1395.1695.97
Camarilla92.6092.7792.9493.1193.2793.4493.61
Woodie90.3591.4292.1993.2694.0395.1095.87
Fibonacci91.4892.1892.6193.3294.0294.4595.16


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard84.7386.9090.0092.1795.2797.44100.54
Camarilla91.6692.1492.6293.1193.5994.0794.55
Woodie85.2087.1490.4792.4195.7497.68101.01
Fibonacci86.9088.9290.1692.1794.1995.4397.44


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard65.7677.0983.7695.09101.76113.09119.76
Camarilla85.4987.1488.7990.4492.0993.7495.39
Woodie63.4475.9381.4493.9399.44111.93117.44
Fibonacci77.0983.9688.2195.09101.96106.21113.09

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 41.99
MACD (12,26,9): -2.5500
Directional Movement: -5.03
AROON (14): -50.00
DEMA (21): 90.09
Parabolic SAR (0,02-0,02-0,2): 88.74
Elder Ray (13): 0.52
Super Trend (3,10): 97.17
Zig ZAG (10): 92.05
VORTEX (21): 0.7900
Stochastique (14,3,5): 48.98
TEMA (21): 89.84
Williams %R (14): -56.07
Chande Momentum Oscillator (20): -0.03
Repulse (5,40,3): -0.9200
ROCnROLL: 2
TRIX (15,9): -0.4400
Courbe Coppock: 11.95
MA7: 91.16
MA20: 93.79
MA50: 99.49
MA100: 103.29
MAexp7: 91.80
MAexp20: 93.68
MAexp50: 98.04
MAexp100: 100.09
Price / MA7: +0.98%
Price / MA20: -1.86%
Price / MA50: -7.48%
Price / MA100: -10.88%
Price / MAexp7: +0.27%
Price / MAexp20: -1.74%
Price / MAexp50: -6.11%
Price / MAexp100: -8.03%

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

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