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Bullish Moving Average Cross by Tyson Foods-A (TSN)

By David Diaz

Tyson Foods-A (NYSE:TSN) shares have crossed bullishly above their 10-day moving average of $81.14 on a volume of 311K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Tyson Foods-A share prices have been bracketed by a low of $49.77 and a high of $84.30 and are now at $81.53, 64% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.6%.

SmarTrend is tracking the current trend status for Tyson Foods-A and will alert subscribers who have TSN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses tyson foods-a

Ticker(s): TSN