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Tyson Foods-A: 52-Week High Recently Eclipsed (TSN)

By Amy Schwartz

Shares of Tyson Foods-A (NYSE:TSN) traded at a new 52-week high today of $72.62. Approximately 399,000 shares have changed hands today, as compared to an average 30-day volume of 2.5 million shares.

Tyson Foods-A (NYSE:TSN) has potential upside of 10.6% based on a current price of $72.62 and analysts' consensus price target of $80.33. The stock should discover initial support at its 50-day moving average (MA) of $65.27 and subsequent support at its 200-day MA of $61.66.

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.

Over the past year, Tyson Foods-A has traded in a range of $49.77 to $72.62 and is now at $72.62, 46% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.

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: 52 week high/lows tyson foods-a

Ticker(s): TSN