Here’s Why Tractor Supply Company (NASDAQ:TSCO) Dropped -1.2%

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In its latest trading session, Tractor Supply Company (NASDAQ:TSCO) dropped by -1.2% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 50.58, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.016, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.435, an Accumulation/Distribution Index (ADI) of 1.435, an On-Balance Volume (OBV) of 1389.404, and a Chaiikin Money Flow (CMF) of 93.11. 7.92

Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for Tractor Supply Company (NASDAQ:TSCO). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.