Technical Signal Analysis for Tractor Supply Company (NASDAQ:TSCO)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Tractor Supply Company (NASDAQ:TSCO) for the period of 9-Day stands at 16.36% while the stochastic %D for the same period stands at 11.66%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Tractor Supply Company (NASDAQ:TSCO) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Tractor Supply Company (NASDAQ:TSCO) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Tractor Supply Company (NASDAQ:TSCO)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Tractor Supply Company is a specialty retailer which supplies the daily farming and maintenance needs of its target customers: hobby, part-time and full-time farmers and ranchers, as well as rural customers, contractors and tradesmen.

Previous Day Activity Analysis

On the last trading day, Tractor Supply Company (NASDAQ:TSCO) opened the session at $58.79 and after going down -0.31% closed at $58.64. The stock lost -0.15 points in the last trade.

Tractor Supply Company (NASDAQ:TSCO)’s stock fluctuated in the range of $58.25 and $59.01 during the previous active session. Tractor Supply Company (NASDAQ:TSCO) traded with the volume of 1.43 Million with average volume of 2.2 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 1.3 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.27 and 39.87 respectively.

Currently the Insider Ownership of the shares of Tractor Supply Company (NASDAQ:TSCO) is at 0.1% and the shares outstanding are 128.19 Million.

Important Ratio Analysis

Some important ratios to consider here for Tractor Supply Company (NASDAQ:TSCO) are discussed below:

Dividend yield of Tractor Supply Company (NASDAQ:TSCO) stands at 1.84% whereas Price to Earnings P/E ratio stands at 17.7 while Forward P/E shows the value of 16.2.

The PEG ratio (Price to Earning to Growth) emits the value of 1.58. The Price to Sale P/S and Price to Book P/B shows the value of 1.07 and 5.43 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 110.87 and 30.36 correspondingly.

The Quick Ratio of Tractor Supply Company (NASDAQ:TSCO) stands at 0.2 while the Current Ratio depicts the value of 2.

Return on Assets ROA of Tractor Supply Company (NASDAQ:TSCO) is at 15.6% whereas, Return on Equity ROE and Return of Investment ROI of Tractor Supply Company (NASDAQ:TSCO) stand at 30.6% and 25.2% respectively.

The payout ratio of Tractor Supply Company (NASDAQ:TSCO) stands at 29.7%.

Stock Performance Analysis

The stock performance of Tractor Supply Company (NASDAQ:TSCO) on the basis of 5 day trade show the dip of -2.62% whereas, the monthly performance of the stock shows decrease of -7.16%.

The quarterly performance of the stock remained in green zone with the value of 13.18% while six month performance of the shares of Tractor Supply Company (NASDAQ:TSCO) remained bearish with the count of -7.96%.

The yearly and YTD performance of Tractor Supply Company (NASDAQ:TSCO) remained down at -12.82% and -22.65% respectively.