TSCO Technical Signal Analysis
TSCO have 3 buy signals and 7 sell signals now. The current trend is downtrend starting from 2025-03-10. The total price change during this trend is -8.48%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of TSCO over last 5 trading day is $341,866,309.01
3 Bullish Signal
7 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
18.98
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-192.75
Bullish
Williams %R (14 days)
WILLR_14 < -80
-99.73
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-0.29
Bearish
Momentum (10 days)
MOM_10 < 0
-2.78
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.29
Bearish
Closing price
close < fibonacci_S1
52.36
Bearish
Moving Average
5-day SMA crosses below 10-day SMA
--
Bearish
Moving Average
5-day SMA crosses below 60-day SMA
--
Bearish
Moving Average
10-day SMA crosses below 60-day SMA
--
Bearish
3 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
18.98
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-192.75
Bullish
Williams %R (14 days)
WILLR_14 < -80
-99.73
Bullish
TSCO Support and Resistance Level
The support levels for TSCO are at 52.87, 51.12, and 48.3, while the resistance levels are at 58.51, 60.26, and 63.08. With the current stock price at 51.79, it is leaning more toward the support levels.
TSCO Technical Analysis
Technical Analysis of TSCO Stock
Current Price and Key Levels:
- Current Price: 56.6
- Resistance Levels: 57.09, 57.93, 59.29
- Support Levels: 54.38, 53.54, 52.18
Technical Indicators:
- RSI (6, 12, 14): 65.83, 57.84, 56.67 (Bullish, no overbought conditions)
- Stochastic Oscillator: K=34.53, D=25.88 (Bullish crossover)
- MACD: Line=0.00, Signal=-0.06, Histogram=0.06 (Bearish crossover but weak momentum)
Recent Price Action:
- Open: 54.37
- High: 57.12
- Low: 54.12
- Close: 56.89
- Volume: 6,108,625 (Moderate trading volume)
Fibonacci Levels:
- Pivot: 55.74
- R1: 57.09
- R2: 57.93
- R3: 59.29
- S1: 54.38
- S2: 53.54
- S3: 52.18
Bollinger Bands:
- Upper BB: 59.74
- Middle BB: 55.84
- Lower BB: 51.93
Candlestick Pattern:
- Bullish Engulfing: The recent price action shows a bullish engulfing pattern, indicating strong buying interest.
News Sentiment:
- Insider Activity: Insider sales have increased, with Matthew L. Rubin selling 3,850 shares recently.
- DEI Programs: TSCO has ended its DEI programs, which may impact investor sentiment.
Volume Analysis:
- Volume: 6,108,625 (Moderate, indicating some buying interest)
MACD Analysis:
- MACD Line: 0.00
- Signal Line: -0.06
- Histogram: 0.06 (Bearish crossover but weak momentum)
Stochastic Oscillator:
- K: 34.53
- D: 25.88 (Bullish crossover)
RSI Analysis:
- RSI (6): 65.83
- RSI (12): 57.84
- RSI (14): 56.67 (No overbought conditions)
Bollinger Bands:
- **Price is trading within the upper half of the Bollinger Bands, indicating upward pressure.
Fibonacci Pivot:
- **Price is trading above the pivot level of 55.74, indicating bullish strength.
Candlestick Pattern:
- Bullish Engulfing: The recent price action shows a bullish engulfing pattern, indicating strong buying interest.
News Impact:
- Insider Sales: Insider sales may indicate a lack of confidence, but the stock has shown resilience with a 4.21% increase in the regular market.
- DEI Programs: The end of DEI programs might impact the company's reputation but hasn't significantly affected the stock price yet.
Conclusion:
Based on the technical analysis, TSCO stock is currently in a bullish zone with some mixed signals. The RSI and Stochastic Oscillator suggest bullish momentum, while the MACD indicates a bearish crossover. The stock is approaching the first resistance level of 57.09, which may act as a barrier. However, the recent bullish engulfing pattern and moderate volume suggest buying interest.
Recommendation:
Buy TSCO at the current price of 56.6 with a target of 57.12 (high of the day) and a stop-loss at 54.12 (low of the day).
TSCO FAQs
Which bull technical signals does TSCO have?
Which bearish technical signals does TSCO have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for TSCO stock?
Is TSCO a buy based on overall technical signals summary?
TSCO Buy or Sell
TSCO has 3 buy signals and 7 sell signals now. Overall the technical rating for TSCO is Strong sell.
Strong sell
Sell
7
Buy
3
TSCO Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 51.79 below the SMA_5. In the short term, the stock shows a negative trend with the 54.99 below the SMA_20. In the mid term, the stock shows a positive trend with the 55.89 above the SMA_60. In the long term, the stock shows a positive trend with the 55.06 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about TSCO's current trend?What are TSCO's key support and resistance levels?