TSCO.L closes higher for the 4th day in a row
Moving higher for the 4th day in a row, TSCO.L ended the week 2.58% higher at 266.20 after gaining £1.20 (0.45%) today. Today's closing price of 266.20 marks the highest close since July 29, 2014.
Friday's trading range was £2.90 (1.1%), that's slightly below last trading month's daily average range of £3.32. Things look different on a weekly scale, where volatility is slightly above the markets average with the monthly volatility being above average.
Prices are trading close to a key support level at 264.60.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.
While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bearish.
Market Conditions for Tesco
|Close to S1 Support||TQ Pro Members Only|
|Price broke through Technical Resistance R1||TQ Pro Members Only|
|Close to Swing Low||TQ Pro Members Only|
|Bullish Harami Candle||TQ Pro Members Only|
More market conditions identified for TQ Pro members...
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