TYSON FOODS INC-CL A (TSN) Stock Technical Analysis
NYSE:TSN - New York Stock Exchange, Inc. - US9024941034 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to TSN. TSN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
68% of all other stocks performed better in the past year than TSN.
TSN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TSN is lagging the market.
TSN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
TSN has an average volume of 3048510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TSN is an average performer in the Food Products industry, it outperforms 61% of 89 stocks in the same industry.
In the last month TSN has a been trading in a tight range between 54.62 and 57.05.
Although the technical rating is bad, TSN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 54.27, a Stop Loss order could be placed below this zone.
More info and screens
53.43
65.19
When analyzing the support we notice one important area.
- A support zone ranging from 53.97 to 54.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 57.37 to 57.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.30 to 62.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @64.54 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for TSN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSN is down. |
| ChartMill Relative Strength | 32.03 | NEUTRAL | TSN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.66 | NEUTRAL | The RSI value for TSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests TSN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.49 | NEUTRAL | The Stochastics value for TSN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for TSN suggests low volalility. |
| Average Directional Index/ADX (14) | 22.45 | NEUTRAL | The ADX value for TSN suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
54.81
-0.86 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.54%
1 Week-0.9%
2 Weeks-2.4%
1 Month-1.51%
3 Month-8.47%
6 Month-9.37%
12 Month1.56%
2 Year7.39%
3 Year-36.31%
5 Year-8.21%
10 Year28.57%
15 Year234.41%
Volatility
ATR(14)0.84
ATR(20)%1.53%
ATR Inc27.94%
Range Today1.26
ADR(20)0.82
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.03
Mansfield-1.17
10 Day High56.18
10 Day Low54.62
20 Day High57.05
20 Day Low54.62
52 Week High66.88
52 Week Low53.91
CS1 End54.27
CR1 Start57.37
Volume & EV
DER(3)2.46%
DER(5)1.08%
Volume3.09M
Volume Incr-9.77%
Vol(5)2.63M
Vol(50)3.05M