RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TSCO.L
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Green day on Wednesday for Tractor Supply Company
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 2.12% PDF

The Tractor Supply Company stock price gained 0.472% on the last trading day (Wednesday, 27th Mar 2024), rising from £296.80 to £298.20. During the last trading day the stock fluctuated 1.25% from a day low at £296.35 to a day high of £300.05. The price has risen in 7 of the last 10 days and is up by 4.27% over the past 2 weeks. Volume fell on the last day by -6 million shares and in total, 8 million shares were bought and sold for approximately £2.28 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stockhas broken the falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is £290.71, a level that may pose a second chance to hit a runner. According to fan-theory £314.67 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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TSCO.L Signals & Forecast

Mostly positive signals in the chart today. The Tractor Supply Company stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at £292.61 and £283.07. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 8.95%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Tractor Supply Company stock

Tractor Supply Company finds support from accumulated volume at £296.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £3.70 (1.25%) between high and low. For the last week, the stock has had daily average volatility of 1.44%.

Our recommended stop-loss: £289.40 (-2.95%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 31 days ago.)

Trading Expectations (TSCO.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Tractor Supply Company to open at £298.20, and during the day (based on 14 day Average True Range), to move between £294.11 and £302.29, which gives a possible trading interval of +/-£4.09 (+/-1.37%) up or down from last closing price. If Tractor Supply Company takes out the full calculated possible swing range there will be an estimated 2.74% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £298.80 (0.20%) than the support at £296.00 (0.74%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Tractor Supply Company stock A Buy?

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period.

Current score: 2.759 Buy Candidate Unchanged

Predicted Opening Price for Tractor Supply Company of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£298.20 ( 0.0007%) £298.20

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TSCO.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 301.90 1.24 %
R2 300.49 0.767 %
R1 299.61 0.474 %
Current price: 298.20
Support S1 296.78 -0.475 %
S2 295.91 -0.768 %
S3 294.49 -1.24 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 302.40 1.41 %
R2 302.30 1.37 %
R1 298.80 0.201 %
Current price 298.20
Support S1 296.00 -0.738%
S2 293.50 -1.58%
S3 279.60 -6.24%

TSCO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 12, 2023 Oct 12, 2023 Oct 12, 2023 £3.85 1.38%
2 May 11, 2023 May 11, 2023 May 11, 2023 £7.05 2.58%
3 Oct 05, 2022 Oct 13, 2022 Nov 25, 2022 £3.85 1.64%
4 Apr 13, 2022 May 19, 2022 Jun 24, 2022 £7.70 3.01%
5 Oct 06, 2021 Oct 14, 2021 Nov 26, 2021 £3.20 1.15%

FAQ

What is the symbol for Tractor Supply Company Stock and on which exchange is it traded?
The symbol for Tractor Supply Company is TSCO.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Tractor Supply Company Stock?
Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period.

How to buy Tractor Supply Company Stock?
Tractor Supply Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Tractor Supply Company Stock.

What's the current price of Tractor Supply Company Stock?
As of the end of day on the 2024-03-27, the price of an Tractor Supply Company (TSCO.L) share was £298.20.

What is the 52-week high and low for Tractor Supply Company Stock?
The 52-week high for Tractor Supply Company Stock is £303.70 and the 52-week low is £225.03.

What is the market capitalization of Tractor Supply Company Stock?
As of the 2024-03-27, the market capitalization of Tractor Supply Company is 20.821B.

When is the next earnings date for Tractor Supply Company?
The upcoming earnings date for Tractor Supply Company is Apr 10, 2024.
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About Tractor Supply Company

Tractor Supply Company Tesco PLC, together with its subsidiaries, engages in retailing and retail banking activities. It provides food products through approximately 4,752 stores in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary, as well as through online. The company is also involved in the food and drink wholesaling activities. In addition, it offers banking and insurance services in the United Kingdom. Further, the company operate... TSCO.L Profile

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