TYSON FOODS INC-CL A (TSN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TSN - US9024941034 - Common Stock
Taking everything into account, TSN scores 8 out of 10 in our technical rating. Although TSN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- TSN is part of the Food Products industry. There are 87 other stocks in this industry. TSN outperforms 83% of them.
- TSN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TSN is lagging the market slightly.
- In the last month TSN has a been trading in the 55.70 - 61.38 range, which is quite wide. It is currently trading near the high of this range.
- TSN has an average volume of 3143320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, TSN did better than 77% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although TSN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
51.06
When analyzing the support we can see 3 important areas.
- A support zone ranging from 57.08 to 58.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.91 to 56.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @51.58 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 60.91 to 61.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TSN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TSN is up. |
| ChartMill Relative Strength | 77.85 | POSITIVE | TSN has a high relative strength, it outperformed 77.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TSN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.12 | NEUTRAL | The RSI value for TSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests TSN has a positive trend. |
| Stochastics (14,3) | 90.23 | OVERBOUGHT | The high Stochastics value suggests TSN may be overbought. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for TSN suggests low volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for TSN suggests a possible start of a new trend. |
59.99
-0.91 (-1.49%)
TYSON FOODS INC-CL A / TSN FAQ
What is the technical rating for TSN stock?
ChartMill assigns a technical rating of 8 / 10 to TSN.
What is the current trend direction of TYSON FOODS INC-CL A (TSN) stock?
The current trend direction for TYSON FOODS INC-CL A (TSN) is Bullish.
What is the RSI signal for TYSON FOODS INC-CL A (TSN) stock?
TYSON FOODS INC-CL A (TSN) has an RSI value of 65.119. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TYSON FOODS INC-CL A?
The buy/sell signal for TYSON FOODS INC-CL A (TSN) is buy as both the short term and long term trends are positive.
What is the support and resistance level for TSN stock?
TYSON FOODS INC-CL A (TSN) has a support level at 58.89 and a resistance level at 60.91. Check the full technical report for our detailed analysis of TSN support and resistance levels.