Tractor Supply Bullish Moving Average Crossover Alert (TSCO)
Tractor Supply (NASDAQ:TSCO) crossed over its 10-day moving average of $63.95 on a volume of 523K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
Over the past year, Tractor Supply has traded in a range of $61.50 to $97.25 and is now at $64.72, 5% above that low. The 200-day and 50-day moving averages have moved 0.02% higher and 0.83% higher over the past week, respectively.
SmarTrend recommended that its subscribers protect gains by selling shares of Tractor Supply on June 17th, 2016 by issuing a Downtrend alert when the shares were trading at $91.29. Since that call, shares of Tractor Supply have fallen 31.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses tractor supply