TYSON FOODS INC-CL A (TSN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TSN - US9024941034 - Common Stock
Overall TSN gets a technical rating of 6 out of 10. TSN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, TSN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 55.32, a Stop Loss order could be placed below this zone.
More info and screens
50.20
2 important support areas can be observed.
- A support zone ranging from 53.71 to 55.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 50.71 to 51.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 56.94 to 58.45. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for TSN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TSN is up. |
| ChartMill Relative Strength | 33.37 | NEUTRAL | TSN is not amongst the best or worst performers 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) | 59.68 | NEUTRAL | The RSI value for TSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests TSN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.92 | NEUTRAL | The Stochastics value for TSN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for TSN suggests some volalility. |
| Average Directional Index/ADX (14) | 22.85 | NEUTRAL | The ADX value for TSN suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 58.46 | 52.89 | 5.57 (9.53%) | 10.50% |
| An entry @58.46. This is a Buy Stop order right above the resistance zone. | An exit @52.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.57 points, which is 9.53%. | When investing 10.50% 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.
56.92
+0.78 (+1.39%)
TYSON FOODS INC-CL A / TSN FAQ
What is the technical rating for TSN stock?
ChartMill assigns a technical rating of 6 / 10 to TSN.
Can you provide the trend direction for TYSON FOODS INC-CL A?
The current trend direction for TYSON FOODS INC-CL A (TSN) is Bearish.
What is the RSI signal for TYSON FOODS INC-CL A (TSN) stock?
TYSON FOODS INC-CL A (TSN) has an RSI value of 59.6763. This indicates that the stock is currently neutral.
What is the support and resistance level for TSN stock?
TYSON FOODS INC-CL A (TSN) has a support level at 55.32 and a resistance level at 56.94. Check the full technical report for our detailed analysis of TSN support and resistance levels.