TYSON FOODS INC-CL A (TSN) Stock Technical Analysis
NYSE:TSN • US9024941034
Overall TSN gets a technical rating of 8 out of 10. 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 long and short term trends are both positive. This is looking good!
- TSN is part of the Food Products industry. There are 87 other stocks in this industry. TSN outperforms 75% of them.
- 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 2912560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, TSN did better than 74% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
TSN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
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55.35
When analyzing the support we can see 3 important areas.
- A support zone ranging from 59.80 to 60.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 57.45 to 58.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 55.91 to 56.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 64.79 to 65.75. 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 | UP | POSITIVE | The long term trend for TSN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TSN is up. |
| ChartMill Relative Strength | 74.22 | POSITIVE | TSN has a high relative strength, it outperformed 74.22% 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) | UP | POSITIVE | The current price of TSN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.63 | NEUTRAL | The RSI value for TSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests TSN has a negative trend. |
| Stochastics (14,3) | 41.39 | NEUTRAL | The Stochastics value for TSN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for TSN suggests some volalility. |
| Average Directional Index/ADX (14) | 32.57 | POSITIVE | The high ADX value value for TSN suggests a strong 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 |
|---|---|---|---|
| 65.76 | 62.84 | 2.92 (4.44%) | 22.52% |
| An entry @65.76. This is a Buy Stop order right above the resistance zone. | An exit @62.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.92 points, which is 4.44%. | When investing 22.52% 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.
63.94
+0.63 (+1%)
TYSON FOODS INC-CL A / TSN FAQ
What is the technical rating for TSN stock?
ChartMill assigns a technical rating of 8 / 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.
What is the RSI signal for TYSON FOODS INC-CL A (TSN) stock?
TYSON FOODS INC-CL A (TSN) has an RSI value of 56.6255. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TYSON FOODS INC-CL A?
The buy/sell signal for TYSON FOODS INC-CL A (TSN) is buy as both the short term and long term trends are positive.
What is the support and resistance level for TSN stock?
TYSON FOODS INC-CL A (TSN) has a support level at 60.42 and a resistance level at 64.79. Check the full technical report for our detailed analysis of TSN support and resistance levels.