CONAGRA BRANDS INC (CAG) Stock Technical Analysis
NYSE:CAG - New York Stock Exchange, Inc. - US2058871029 - Common Stock - Currency: USD
Taking everything into account, CAG scores 1 out of 10 in our technical rating. CAG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CAG is a bad performer in the overall market: 75% of all stocks are doing better.
CAG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
CAG has an average volume of 5711230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CAG is part of the Food Products industry. There are 91 other stocks in this industry, CAG did better than 45% of them.
In the last month CAG has a been trading in the 23.06 - 26.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of CAG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
25.49
31.22
We found 1 important support area.
- Support @25.75 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 27.82 to 28.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.91 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.64
Mansfield-1.76
10 Day High26.1
10 Day Low23.06
20 Day High26.78
20 Day Low23.06
52 Week High33.24
52 Week Low23.06
Performance
1 Week3.24%
2 Weeks3.12%
1 Month1.78%
3 Month-5.94%
6 Month-15.8%
12 Month-8.87%
2 Year-29.17%
3 Year-26.25%
5 Year-3.37%
10 Year-26.27%
15 Year5.44%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)53.41
LBB24
UBB25.81
25.79
+0.95 (+3.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg3.82%
1 Week3.24%
2 Weeks3.12%
1 Month1.78%
3 Month-5.94%
6 Month-15.8%
12 Month-8.87%
2 Year-29.17%
3 Year-26.25%
5 Year-3.37%
10 Year-26.27%
15 Year5.44%
Volatility
ATR(14)0.75
ATR(20)%2.78%
ATR Inc39.42%
Range Today1.27
ADR(20)0.65
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.64
Mansfield-1.76
10 Day High26.1
10 Day Low23.06
20 Day High26.78
20 Day Low23.06
52 Week High33.24
52 Week Low23.06
CS1 End25.75
CR1 Start27.82
Volume & EV
DER(3)3.49%
DER(5)1.71%
Volume7.59M
Volume Incr28.91%
Vol(5)7.49M
Vol(50)5.71M