SmarTrend Detects Continued Buying Pressure in Shares of Tyson Foods (TSN)
SmarTrend identified an Uptrend for Tyson Foods (NYSE: TSN) on September 11, 2009 at $12.73. In approximately 6 months, Tyson Foods has returned 39.2% as of today's recent price of $17.72.
Tyson Foods is currently above its 50-day moving average of $15.49 and above its 200-day moving average of $13.15. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Tyson Foods shares.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup
