TESCO PLC (TCO0.DE) Stock Technical Analysis
FRA:TCO0 - Deutsche Boerse Ag - GB00BLGZ9862 - Common Stock - Currency: EUR
Taking everything into account, TCO0 scores 8 out of 10 in our technical rating. In the last year, TCO0 was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month TCO0 has a been trading in the 4.44 - 4.78 range, which is quite wide. It is currently trading near the lows of this range.
Warning: TCO0 has an average volume of 8394 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that TCO0 is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, TCO0 also shows a nice and consistent pattern of rising prices.
TCO0 is part of the Consumer Staples Distribution & Retail industry. There are 28 other stocks in this industry. TCO0 outperforms 88% of them.
TCO0 is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so TCO0 slightly outperforms the market at the moment.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, TCO0 also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 4.48, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.85
4.80
We found 4 important support areas.
- A support zone ranging from 4.40 to 4.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.28 from a horizontal line in the daily time frame.
- A support zone ranging from 4.03 to 4.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.89 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.71 to 4.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.86
Mansfield0.87
10 Day High4.72
10 Day Low4.44
20 Day High4.78
20 Day Low4.44
52 Week High4.78
52 Week Low3.22
Performance
1 Week-1.32%
2 Weeks-0.44%
1 Month-3.02%
3 Month1.81%
6 Month1.81%
12 Month36.36%
2 Year48.03%
3 Year36.22%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)47.57
LBB4.43
UBB4.65
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.55 | 4.43 | 0.12 (2.59%) | 25.00% |
| An entry @4.55. This is a Buy Stop order right above the 10 day moving average. | An exit @4.43. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.12 points, which is 2.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%. |
- The distance between exit and entry is rather small compared to the average daily movement of TCO0. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:TCO0 (3/7/2025, 7:00:00 PM)
4.5
+0.06 (+1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg1.35%
1 Week-1.32%
2 Weeks-0.44%
1 Month-3.02%
3 Month1.81%
6 Month1.81%
12 Month36.36%
2 Year48.03%
3 Year36.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.78%
ATR Inc14.55%
Range Today0.08
ADR(20)0.06
ADR(20)%1.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.86
Mansfield0.87
10 Day High4.72
10 Day Low4.44
20 Day High4.78
20 Day Low4.44
52 Week High4.78
52 Week Low3.22
CS1 End4.48
CR1 Start4.71
Volume & EV
DER(3)0%
DER(5)0%
Volume6.04K
Volume Incr5.82%
Vol(5)12.74K
Vol(50)8.39K