TYSON FOODS INC-CL A (TSN) Stock Technical Analysis
NYSE:TSN - New York Stock Exchange, Inc. - US9024941034 - Common Stock - Currency: USD
Taking everything into account, TSN scores 4 out of 10 in our technical rating. In the past year, TSN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, TSN is a bad performer in the overall market: 74% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month TSN has a been trading in the 51.85 - 57.74 range, which is quite wide. It is currently trading near the high of this range.
TSN has an average volume of 2662190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TSN is part of the Food Products industry. There are 89 other stocks in this industry, TSN did better than 57% of them.
TSN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TSN is lagging the market.
TSN has an average technical rating and also the quality of the setup is only medium 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
51.77
65.19
We found 2 important support areas.
- A support zone ranging from 54.27 to 56.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.29 to 52.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @57.10 from a horizontal line in the daily time frame.
- Resistance @60.28 from a trend line in the weekly time frame.
- Resistance @62.38 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 63.82 to 64.54. This zone is formed by a combination of multiple trend lines 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 | 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 | 26.02 | NEGATIVE | TSN has a low relative strength, it was outperformed by 73.98% 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 | NEGATIVE | The current price of TSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.77 | NEUTRAL | The RSI value for TSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests TSN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.25 | OVERBOUGHT | The high Stochastics value suggests TSN may be overbought. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for TSN suggests low volalility. |
| Average Directional Index/ADX (14) | 24.03 | 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)
56.8
+0.5 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.89%
1 Week-0.42%
2 Weeks8.13%
1 Month6.35%
3 Month1.54%
6 Month-0.53%
12 Month-9.15%
2 Year6.63%
3 Year-24.65%
5 Year-9.55%
10 Year34.34%
15 Year246.76%
Volatility
ATR(14)1.27
ATR(20)%1.99%
ATR Inc5.92%
Range Today0.79
ADR(20)1.06
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.02
Mansfield-1.21
10 Day High57.74
10 Day Low53.61
20 Day High57.74
20 Day Low51.85
52 Week High66.88
52 Week Low51.85
CS1 End56.2
CR1 Start57.1
Volume & EV
DER(3)0.25%
DER(5)0.46%
Volume1.97M
Volume Incr-14.2%
Vol(5)2.38M
Vol(50)2.66M