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

By James Quinn

Tyson Foods-A (NYSE:TSN) crossed over its 10-day moving average of $70.58 on a volume of 233K 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, shares of Tyson Foods-A have traded between a low of $55.72 and a high of $84.65 and are now at $71.25, which is 28% above that low price. 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 10.9%. 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