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 12/04/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

83%

17%

My opinion

Bullish above 208.97 USD

My targets

222.08 USD (+3.53%)

229.72 USD (+7.10%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on TRACTOR SUPPLY CO.. This is a positive signal for buyers. As long as the price remains above 208.97 USD, a purchase could be considered. The first bullish objective is located at 222.08 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 229.72 USD as an objective. Crossing it would then enable buyers to target 240.15 USD. In the event of a return below 208.97 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

TRACTOR SUPPLY CO. rating 214.50 USD. The price has increased by +2.11% since the last closing with the lowest point at 209.01 USD and the highest point at 215.89 USD. The deviation from the price is +2.63% for the low point and -0.64% for the high point.

209.01

215.89

214.50

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

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by TRACTOR SUPPLY CO.:

The Central Records scanner for higher/lower results shows an item:

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 bullish. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	194.16	203.78	208.97	214.50	222.08	229.72	240.15
Change (%)	-9.48%	-5.00%	-2.58%	-	+3.53%	+7.10%	+11.96%
Change	-20.34	-10.72	-5.53	-	+7.58	+15.22	+25.65
Level	Intermediate	Major	Major	-	Intermediate	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	198.11	200.57	205.32	207.78	212.53	214.99	219.74
Camarilla	208.09	208.75	209.41	210.07	210.73	211.39	212.05
Woodie	199.26	201.14	206.47	208.35	213.68	215.56	220.89
Fibonacci	200.57	203.32	205.03	207.78	210.53	212.24	214.99

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	188.06	192.53	201.30	205.77	214.54	219.01	227.78
Camarilla	206.43	207.64	208.86	210.07	211.28	212.50	213.71
Woodie	190.21	193.61	203.45	206.85	216.69	220.09	229.93
Fibonacci	192.53	197.59	200.71	205.77	210.83	213.95	219.01

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	167.20	177.14	190.08	200.02	212.96	222.90	235.84
Camarilla	196.72	198.82	200.91	203.01	205.11	207.21	209.30
Woodie	168.69	177.89	191.57	200.77	214.45	223.65	237.33
Fibonacci	177.14	185.88	191.28	200.02	208.76	214.16	222.90

Numerical data

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

Technical indicators

Moving averages

RSI (14):	69.60
MACD (12,26,9):	2.0700
Directional Movement:	16.24
AROON (14):	57.14
DEMA (21):	203.52
Parabolic SAR (0,02-0,02-0,2):	193.07
Elder Ray (13):	9.47
Super Trend (3,10):	197.19
Zig ZAG (10):	214.49
VORTEX (21):	1.1300
Stochastique (14,3,5):	83.60
TEMA (21):	206.63
Williams %R (14):	-8.33
Chande Momentum Oscillator (20):	7.40
Repulse (5,40,3):	5.9800
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	5.75

MA7:	203.23
MA20:	200.67
MA50:	199.88
MA100:	207.76
MAexp7:	205.41
MAexp20:	201.73
MAexp50:	202.16
MAexp100:	206.27
Price / MA7:	+5.55%
Price / MA20:	+6.89%
Price / MA50:	+7.31%
Price / MA100:	+3.24%
Price / MAexp7:	+4.43%
Price / MAexp20:	+6.33%
Price / MAexp50:	+6.10%
Price / MAexp100:	+3.99%

Quotes : - 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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Londinia AI

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