Logo image of TSCO.L

TESCO PLC (TSCO.L) Stock Technical Analysis

LON:TSCO - London Stock Exchange, The - GB00BLGZ9862 - Common Stock - Currency: GBX

380.1  +4.2 (+1.12%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to TSCO. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month TSCO has a been trading in the 371.60 - 398.10 range, which is quite wide. It is currently trading near the lows of this range.
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 TSCO is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by TSCO over the past year are nicely spread over this period.
TSCO 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 TSCO slightly outperforms the market at the moment.
TSCO has an average volume of 5722990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
TESCO PLC / TSCO Weekly stock chart
TESCO PLC / TSCO Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, TSCO also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 379.10, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

323.43

400.58

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 364.80 to 379.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 340.19 to 345.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @326.70 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 396.61 to 396.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.89
Mansfield0.93
10 Day High389.1
10 Day Low371.6
20 Day High398.1
20 Day Low371.6
52 Week High398.1
52 Week Low277.8
Performance
1 Week-0.03%
2 Weeks1.6%
1 Month-1.86%
3 Month3.6%
6 Month3.68%
12 Month32.81%
2 Year43.06%
3 Year36.97%
5 Year65.77%
10 Year57.16%
15 Year-12.69%
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)-0.89
RSI(14)50.71
LBB371.4
UBB386.34
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
389.11371.5917.52 (4.50%)22.21%
An entry @389.11. This is a Buy Stop order right above the 10 day high.An exit @371.59. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 17.52 points, which is 4.50%.When investing 22.21% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
TESCO PLC / TSCO Daily stock chart

TESCO PLC

LON:TSCO (3/7/2025, 5:36:15 PM)

380.1

+4.2 (+1.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.12%
1 Week-0.03%
2 Weeks1.6%
1 Month-1.86%
3 Month3.6%
6 Month3.68%
12 Month32.81%
2 Year43.06%
3 Year36.97%
5 Year65.77%
10 Year57.16%
15 Year-12.69%
Volatility
ATR(14)7.02
ATR(20)%1.68%
ATR Inc38.8%
Range Today7.8
ADR(20)6.17
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.89
Mansfield0.93
10 Day High389.1
10 Day Low371.6
20 Day High398.1
20 Day Low371.6
52 Week High398.1
52 Week Low277.8
CS1 End379.1
CR1 Start396.61
Volume & EV
DER(3)2.57%
DER(5)2.23%
Volume6.47M
Volume Incr40.68%
Vol(5)7.89M
Vol(50)5.72M