CONAGRA BRANDS INC (CAG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CAG - US2058871029 - Common Stock
17.67 USD
-0.18 (-1.01%)
17.7 USD
+0.03 (+0.17%)
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: 86% of all stocks are doing better.
CAG is one of the lesser performing stocks in the Food Products industry. 65% of 87 stocks in the same industry do better.
CAG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CAG has a been trading in the 16.60 - 18.03 range, which is quite wide. It is currently trading near the high of this range.
CAG has an average volume of 11213600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CAG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
16.97
19.86
When analyzing the support we notice one important area.
- A support zone ranging from 17.14 to 17.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- Resistance @17.69 from a trend line in the daily time frame.
- A resistance zone ranging from 17.98 to 18.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.96 from a trend line in the weekly time frame.
- A resistance zone ranging from 19.63 to 19.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CAG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CAG is neutral. |
| ChartMill Relative Strength | 14.76 | NEGATIVE | CAG has a low relative strength, it was outperformed by 85.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CAG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CAG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CAG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.01 | NEUTRAL | The RSI value for CAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CAG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.07 | NEUTRAL | The Stochastics value for CAG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for CAG suggests some volalility. |
| Average Directional Index/ADX (14) | 22.28 | NEUTRAL | The ADX value for CAG suggests a possible start of a new trend. |
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)
17.67
-0.18 (-1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.01%
1 Week-0.56%
2 Weeks1.26%
1 Month2.79%
3 Month-8.35%
6 Month-21.08%
12 Month-35.13%
2 Year-38.35%
3 Year-54.34%
5 Year-51.27%
10 Year-58.09%
15 Year-21.74%
Volatility
ATR(14)0.34
ATR(20)%2.05%
ATR Inc-33.68%
Range Today0.34
ADR(20)0.35
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.76
3 months CRS23.85
6 months CRS13.3
Mansfield-2.92
10 Day High18.03
10 Day Low17.06
20 Day High18.03
20 Day Low16.6
52 Week High28.52
52 Week Low16.6
CS1 End17.57
CR1 Start17.69
Volume & EV
DER(3)-2.74%
DER(5)-2.93%
Volume8.59M
Volume Incr-25.15%
Vol(5)8.43M
Vol(50)11.21M
CONAGRA BRANDS INC / CAG FAQ
Can you provide the ChartMill technical rating for CONAGRA BRANDS INC?
ChartMill assigns a technical rating of 1 / 10 to CAG.
Can you provide the trend direction for CONAGRA BRANDS INC?
The current trend direction for CONAGRA BRANDS INC (CAG) is Bearish.
What is the RSI signal for CAG stock?
CONAGRA BRANDS INC (CAG) has an RSI value of 50.0111. This indicates that the stock is currently neutral.
What is the short term momentum for CAG stock?
The short term momentum for CONAGRA BRANDS INC (CAG) is neutral.