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 6 out of 10 in our technical rating. 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.
TSN has an average technical rating and it also does not offer a high quality setup 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
50.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 53.33 to 55.05. 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.
2 important resistance areas can be observed.
- Resistance @58.56 from a trend line in the weekly time frame.
- A resistance zone ranging from 65.88 to 65.88. 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 | 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 | 34.06 | 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) | UP | POSITIVE | The current price of TSN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.61 | NEUTRAL | The RSI value for TSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests TSN has a positive trend. |
| Stochastics (14,3) | 92.96 | OVERBOUGHT | The high Stochastics value suggests TSN may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for TSN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.46 | NEUTRAL | The ADX value for TSN suggests a possible start of a new trend. |
58.05
+0.14 (+0.24%)
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 69.6052. 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 55.05 and a resistance level at 58.56. Check the full technical report for our detailed analysis of TSN support and resistance levels.