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Tyson Foods (TSN-N, Monday’s close US$63.76) declined from US$100.72 in 2022 to US$44.94 in 2023 (A–B) while trading below its falling 40-week moving average (40wMA). It then rallied to US$66.88 in 2024 (C) before declining once more to a low of US$50.56 in 2025 (D), again below its falling average. Most recently, Tyson Foods rallied back above its average and is currently trading near the 2024 high. A sustained rise above US$66–67 (shaded area) would signal a breakout from a bullish technical base known as a “W” formation (dashed lines), supporting significantly higher targets.
There is solid support near US$57-58, near the 40wMA; only a sustained decline below this level would turn the outlook negative.
A rise above US$66–67 would signal initial Point & Figure targets of US$74 and US$79. Potentially higher targets are visible.
Monica Rizk is the Senior Technical Analyst of the Phases & Cycles publication (www.capitalightresearch.com). Chart, courtesy of www.LSEG.com