TSCO Struggles Below Key Moving Averages at $50.81
BearishTractor Supply Co (TSCO) closed down 1.13% at $50.81 on December 29.
Technical indicators paint a bearish picture:
Moving Averages
Price sits below both the 9-day ($51.68) and 21-day ($52.40) EMAs, suggesting short-term weakness.
Momentum
RSI at 41.4 is in neutral territory but trending lower. MACD is bearish (-0.75 vs signal -0.63).
Volatility
Bollinger Band width at 7.9% indicates low volatility.
Key levels to watch: Support at $50.47, Resistance at $54.65.