• Return to Headlines

Shares of Tyson Foods-A Rise to a New 52-Week High

By Amy Schwartz

Shares of Tyson Foods-A (NYSE:TSN) traded at a new 52-week high today of $83.88. This new high was reached on below average trading volume as 1.3 million shares traded hands, while the average 30-day volume is approximately 2.9 million shares.

Based on a current price of $83.88, Tyson Foods-A is currently 4.2% above its average consensus analyst price target of $80.33. The stock should discover initial support at its 50-day moving average (MA) of $76.54 and subsequent support at its 200-day MA of $64.66.

Tyson Foods, Inc. produces, distributes, and markets chicken, beef, pork, prepared foods, and related allied products. The Company's products are marketed and sold to national and regional grocery retailers, regional grocery wholesalers, meat distributors, warehouse club stores, military commissaries, and industrial food processing companies.

In the past 52 weeks, Tyson Foods-A share prices have been bracketed by a low of $49.77 and a high of $83.88 and are now at $83.88, 69% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.0%.

SmarTrend is monitoring the recent change of momentum in Tyson Foods-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Tyson Foods-A in search of a potential trend change.

Keywords: 52 week high/lows tyson foods-a

Ticker(s): TSN