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. - 1H - Technical analysis published on 12/19/2024 (GMT)

  • 98
  • 0
  • 12/19/2024 - 20:50
  • Timeframe : 1H
  • - Analysis generated on 12/19/2024 - 20:50
  • Status : CANCELLED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 266.80 USD
My targets
252.94 USD (-4.54%)
249.98 USD (-5.65%)
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 266.80 USD. The next support located at 252.94 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 249.98 USD. Below this support, sellers could then target 242.23 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
7.1

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:
15 min. Daily Weekly

Additional analysis

Quotes

The TRACTOR SUPPLY CO. rating is 264.96 USD. The price registered a decrease of -0.09% on the session and was traded between 262.38 USD and 266.81 USD over the period. The price is currently at +0.98% from its lowest and -0.69% from its highest.

262.38
266.81
264.96

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by TRACTOR SUPPLY CO.:
Created with Raphaël 2.3.0-100102030January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows an item:

Central Records

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of TRACTOR SUPPLY CO. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

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

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 242.23 249.98 264.21 264.96 266.80 274.58 278.80
Change (%) -8.58% -5.65% -0.28% - +0.69% +3.63% +5.22%
Change -22.73 -14.98 -0.75 - +1.84 +9.62 +13.84
Level Major Intermediate Intermediate - Minor Minor Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard250.70257.90261.55268.75272.40279.60283.25
Camarilla262.21263.20264.20265.19266.19267.18268.17
Woodie248.92257.01259.77267.86270.62278.71281.47
Fibonacci257.90262.05264.61268.75272.90275.46279.60


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard270.08274.53279.99284.44289.90294.35299.81
Camarilla282.73283.63284.54285.45286.36287.27288.18
Woodie270.59274.78280.50284.69290.41294.60300.32
Fibonacci274.53278.32280.65284.44288.23290.56294.35


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard240.56252.94268.30280.68296.04308.42323.78
Camarilla276.04278.58281.13283.67286.21288.76291.30
Woodie242.06253.69269.80281.43297.54309.17325.28
Fibonacci252.94263.53270.08280.68291.27297.82308.42

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
Created with Raphaël 2.3.0Sell10
Moving averages
Created with Raphaël 2.3.0Sell26

RSI (14): 28.93
MACD (12,26,9): -4.2300
Directional Movement: -22.84
AROON (14): -71.43
DEMA (21): 263.97
Parabolic SAR (0,02-0,02-0,2): 262.46
Elder Ray (13): -2.12
Super Trend (3,10): 270.32
Zig ZAG (10): 265.24
VORTEX (21): 0.7400
Stochastique (14,3,5): 21.23
TEMA (21): 262.43
Williams %R (14): -79.97
Chande Momentum Oscillator (20): -8.69
Repulse (5,40,3): 0.0100
ROCnROLL: 2
TRIX (15,9): -0.2200
Courbe Coppock: 6.98
MA7: 276.92
MA20: 280.89
MA50: 281.56
MA100: 276.94
MAexp7: 265.46
MAexp20: 269.53
MAexp50: 275.48
MAexp100: 278.51
Price / MA7: -4.32%
Price / MA20: -5.67%
Price / MA50: -5.90%
Price / MA100: -4.33%
Price / MAexp7: -0.19%
Price / MAexp20: -1.70%
Price / MAexp50: -3.82%
Price / MAexp100: -4.87%

Quotes : 12/19/2024 - 20:34 - 15 min delayed data - NASDAQ Stocks

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

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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