Tractor Supply Co. is a rural lifestyle retailer in the U.S.. Co. is focused on supplying the needs of recreational farmers and ranchers. It operates retail stores under the names Tractor Supply Co. and Petsense by Tractor Supply. Its stores are located in towns outlying various metropolitan markets and in rural communities. It also offers an expanded assortment of products through the Tractor Supply mobile application and online at TractorSupply.com and Petsense.com. Co.'s selection of merchandise consists of various product categories, including livestock, equine and agriculture; companion animal; seasonal and recreation; truck, tool, and hardware, and clothing, gift, and decor.
When researching a stock like Tractor Supply, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from TSCO Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for TSCO stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the TSCO 200 day moving average ("TSCO 200 DMA"), while one of the most popular "shorter look-backs" is the TSCO 50 day moving average ("TSCO 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Tractor Supply. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the TSCO 200 DMA and the TSCO 50 DMA, we get a moving average convergence divergence indicator ("TSCO MACD"). The TSCO MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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