Tractor Supply Co (TSCO): Price Up $2.6 (1.43)% Over Past Day, Up $1.9 (1.04)% Over Past Hour

The Hourly View for TSCO

At the moment, TSCO (Get Ratings)’s price is up $1.9 (1.04%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as TSCO has now gone up 4 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 200 and 50 hour moving averages have been crossed, with price now being above them. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Out of Retail stocks, TSCO ranks 10th in regards to today’s price percentage change.

TSCO’s Technical Outlook on the Daily Chart

At the time of this writing, TSCO’s price is up $2.6 (1.43%) from the day prior. This is the 2nd day in a row TSCO has seen its price head up. Regarding the trend, note that the strongest trend exists on the 50 day timeframe. Regarding moving averages, it should first be noted that price has crossed the 50 day moving average, resulting in them with price now being above it. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Tractor Supply Co’s price action over the past 90 days can be seen via the chart below.

TSCO

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TSCO: Daily RSI Analysis

  • TSCO’s RSI now stands at 60.8491.
  • TSCO and RSI may be exhibiting divergent trends. This may be something to monitor.

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