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Tyson Foods-A Crosses Above its 10-day MA (TSN)

By James Quinn

Today, shares of Tyson Foods-A (NYSE:TSN) have advanced above their 10-day MA of $73.55 on a volume of 274K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Tyson Foods-A share prices have moved between a 52-week high of $84.65 and a 52-week low of $55.72 and are now trading 33% above that low price at $74.21 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Tyson Foods-A on January 18th, 2018 by issuing a Downtrend alert when the shares were trading at $78.73. Since that call, shares of Tyson Foods-A have fallen 7.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses tyson foods-a

Ticker(s): TSN