TYSON FOODS INC-CL A (TSN) Technical Analysis
NYSE:TSN • US9024941034
Current stock price
TSN Technical Rating and Analysis
Taking everything into account, TSN scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TSN is only an average performer.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- 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.
- TSN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- TSN has an average volume of 2896140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, TSN outperforms 43% of them, which is more or less in line with the market.
- TSN is an average performer in the Food Products industry, it outperforms 66% of 87 stocks in the same industry.
- In the last month TSN has a been trading in a tight range between 62.98 and 65.64.
TSN Weekly and Daily overview Charts
TSN Setup Rating and Analysis
TSN has only a medium technical rating, but it does show a decent setup pattern. 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 resistance zone just above the current price starting at 64.20. Right above this resistance zone may be a good entry point.
More info and screens
TSN Support and Resistance Analysis
55.51
When analyzing the support we can see 3 important areas.
- A support zone ranging from 60.12 to 60.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 57.69 to 58.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.07 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 64.20 to 64.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 65.64 to 65.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
TSN Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for TSN is neutral. |
| ChartMill Relative Strength | 43.43 | NEUTRAL | TSN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TSN is below 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) | 51.58 | NEUTRAL | The RSI value for TSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests TSN has a negative trend. |
| Stochastics (14,3) | 35.21 | NEUTRAL | The Stochastics value for TSN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for TSN suggests low volalility. |
| Average Directional Index/ADX (14) | 11.42 | NEGATIVE | The low ADX value for TSN suggests a weak or negative trend. |
TSN Chart- and CandleStick Pattern Analysis
TSN Example Setup
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 |
|---|---|---|---|
| 64.51 | 62.97 | 1.54 (2.39%) | 25.00% |
| An entry @64.51. This is a Buy Stop order right above the resistance zone. | An exit @62.97. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.54 points, which is 2.39%. | For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TSN. Please evaluate whether better entry and exit points can be found.
- 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.
TSN Technicals: Chart, Performance Metrics, Trend & Indicators
64.11
+0.5 (+0.79%)
TYSON FOODS INC-CL A / TSN TA FAQ
What is the technical rating for TSN stock?
ChartMill assigns a technical rating of 6 / 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.
Can you provide the RSI signal for TYSON FOODS INC-CL A?
TYSON FOODS INC-CL A (TSN) has an RSI value of 51.5844. This indicates that the stock is currently neutral.
What is the short term momentum for TYSON FOODS INC-CL A (TSN) stock?
The short term momentum for TYSON FOODS INC-CL A (TSN) is neutral.