The monthly chart for NYSE:TSN has support at the 200 monthly moving average and fibonacci 61.8% retracement level.
Earnings Miss. How low will she go? Price has dropped below the .786 and slightly above the .886 of the trend up. Covid low is 42.57. Bearish red candle on the gap down meaning further drop possible. Time will tell. Watch for a bounce up soon...known as a Dead Cat Bounce. These bounces can be a good place to sell if you owned this before the drop. Also good...
The PEAD projected a bullish outlook for $TSN after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%.
I would think that a bull rally is possible after an inverted head and shoulder is seen forming.
Rising food costs and inflation worldwide are benefiting food industry stocks as consumers are paying more for food, leading to increased profits for food companies. In addition, the food industry is considered a staple industry, providing essential products to consumers, leading to relatively stable and consistent returns for investors. Furthermore, food stocks...
The algorithm has found a well defined triangle in the middle of a decline. This has been seen by the algorithm hundreds of times but there is not a clear percentage to know if this is more bullish or bearish. Probably, the market is waiting for some news to decide the direction while the volatility keeps declining until everyone agrees. The best way to trade...
TSN Broadening Wedge into Divvy run-up look for a break above the shelf and show of support for long signal
The PEAD projected a Neutral outlook for $TSN after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
Early morning TSN will release quarterly earnings results. Friday before the market closed I saw some bearish contract flows on the 18 Nov 2022 expiry date for this underlying stock. Personally, I am not a big fan of playing earnings for the short term. Based on my quantitative analysis model I found that TSN stock is now at one of the lowest volatility levels....
TSN has a PE of 5!! is a dividend paying stock and highly oversold here. I would ADD on any weakness
TSN Key levels, Analysis & Targets Big Trends in Tyson Foods, Price According to Elliott Wave Theory Price to down " Wave A "
Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price. Entry Price: $87.25 Target Price: $86.00 Stop Loss: $88.50
The PEAD projected a Neutral outlook for $TSN after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 71.43%.
TSN has recovered a long term trend line and formed what could be called a flag above the major trend line This will lead to a larger break out or continuation along the uptrend line
Buy (Entry Price) within the buy zone area and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price. Entry Price: $95.85 / $94.64 Target Price: $97.05 / $95.44 Stop Loss: $93.84
Based on its uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent of profits IF $TSN exceeds today's high of $92.50 during tomorrow's session.