Tesco PLC (TSCO) stocks — Weekly technical analysis | 26-30 Oct 2026
TSCO
Tesco PLC
📅 Earnings · Apr 14, 2027 · in 164d
Weekly technical analysis of Tesco PLC (TSCO) stocks: IQS 64/100. Structure, momentum and trading levels for swing trading updated 30 Oct 2026.
SCORE IQS Lite
64/100
Weekly Structure 20
Daily Momentum 13
Weekly Ichimoku 19
Daily CMF 6
Delta 6
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · Tesco PLC (TSCO · ISIN GB00BLGZ9862)
Weekly Structure
At 20/30 structure is solid: moving averages aligned and underlying trend intact.
Daily Momentum
At 13/35 momentum is weak: uncertain push and ill-defined direction.
Weekly Ichimoku
At 19/19 Ichimoku is fully bullish: above the cloud with Tenkan and Kijun aligned.
Daily CMF
At 6/6 CMF shows inflows: capital entering and buying pressure.
Delta
At 6/10 the week is slightly positive: close between 0% and +2%.
Concise reading of each axis score · sum = IQS Lite (0-100)
Executive View
Our view last week
The weekly structure shows strong bullish alignment, with MACD in strength and Ichimoku bullish; the daily maintains momentum with RSI overbought and strong CMF inflows. However, IQS reaches the mature phase (79), signalling extended cycle and near exhaustion: await confirmation is paramount to avoid price pullback. The scenario remains favourable if the breakout is confirmed.
This week's view by AiTrading67.com
Weekly structure remains favourable (EMA50 Free, MACD in Strong bullish, Ichimoku above bullish cloud), though daily momentum shows strong bearish weakness. Price consolidates within the neutral zone: confirmed breakout above the trigger level would activate the long setup. We believe awaiting confirmation is key in a stretched phase. Rating interesting on longer timeframes.
Chart Tesco PLC (TSCO) · 12-month trend
Source: TradingView
Over the past week the stock gained 0.4%; over twelve months it is up 13.9%.
Weekly Structure
Weekly RSI
Neutral / bullish bias
Weekly MACD · Status
A — Improvement
Positive histogram expanding
Weekly EMA50
Free
Price well separated from the weekly MA
Weekly EMA Stack
Full bullish stack
5/5 MAs bullish-aligned
Above CloudT+K+
Daily Momentum
Daily ADX / DMI
Strong trend
+DI dominates −DI
Daily RSI
Neutral / bullish bias
Capital Flow (CMF)
Heavy inflow
Daily MACD · Status
D — Deterioration
Daily Stochastic
Neutral
Weekly EMA Cross
Mature Golden Cross
In summary
Daily momentum shows a split between bullish and bearish forces. ADX is strong with +DI above -DI, CMF signals strong inflows, and the Golden Cross is mature, suggesting buying pressure. However, the MACD shows Strong bearish and stochastic remains neutral, indicating buyer strength is not yet confirmed by breakout signals. RSI in the neutral zone with bullish bias reflects short-term uncertainty.
Weekly market overview
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See the Platinum analysis of TSCO →
The weekly structure paints a coherent bullish picture. The EMA50 remains free from price, moving averages are in perfect bullish alignment, the MACD signals Strong bullish, and Ichimoku sits above the bullish cloud. The RSI occupies the neutral zone with bullish bias, confirming potential still available in the move.