TYSON FOODS INC. (TSN)

In today’s edition of the Daily Stock Report, we are going to explore Tyson Foods (TSN). This is the first time we have highlighted TSN in our daily commentary. Tyson Foods fell to the yellow zone with a Red SMAX in the SIA S&P 500 Index Report back on August 2, 2022, at a price of $87.51. As we see in the relative strength matrix position chart, Tyson Foods has further fallen to the red unfavored zone and still resides there today. As of Friday’s close, the shares are at $55.30 which represents a 37% drop since August 2, 2022. This is another great example of staying away from investments in the red unfavored zone.

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