CONAGRA BRANDS INC (CAG) Technical Analysis
NYSE:CAG • US2058871029
Current stock price
CAG Technical Rating and Analysis
Overall CAG gets a technical rating of 0 out of 10. CAG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CAG is a bad performer in the overall market: 90% of all stocks are doing better.
- CAG is part of the Food Products industry. There are 87 other stocks in this industry, of which 70% are performing better than CAG.
- 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 14.04 - 16.07 range, which is quite wide. It is currently trading near the lows of this range.
- CAG has an average volume of 15145700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CAG Weekly and Daily overview Charts
CAG Setup Rating and Analysis
Although the technical rating is bad, CAG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
CAG Support and Resistance Analysis
14.03
3 important resistance areas can be observed.
- A resistance zone ranging from 15.73 to 15.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.03 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.
CAG Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for CAG is down. |
| ChartMill Relative Strength | 10 | NEGATIVE | CAG has a low relative strength, it was outperformed by 90% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CAG is below a declining 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) | 31.5 | NEUTRAL | The RSI value for CAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CAG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 17.37 | OVERSOLD | The low Stochastics value suggests CAG may be oversold. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for CAG suggests some volalility. |
| Average Directional Index/ADX (14) | 42.36 | POSITIVE | The high ADX value value for CAG suggests a strong trend. |
CAG Chart- and CandleStick Pattern Analysis
CAG Technicals: Chart, Performance Metrics, Trend & Indicators
14.17
-0.24 (-1.67%)
CONAGRA BRANDS INC / CAG TA FAQ
Can you provide the ChartMill technical rating for CONAGRA BRANDS INC?
ChartMill assigns a technical rating of 0 / 10 to CAG.
What is the current trend direction of CONAGRA BRANDS INC (CAG) stock?
The current trend direction for CONAGRA BRANDS INC (CAG) is Bearish.
What is the RSI signal for CONAGRA BRANDS INC (CAG) stock?
CONAGRA BRANDS INC (CAG) has an RSI value of 31.4978. This indicates that the stock is currently neutral.
What is the MACD signal for CONAGRA BRANDS INC (CAG) stock?
The MACD indicator for CONAGRA BRANDS INC (CAG) has a value of 0.025771, indicating a bearish trend.
What is the buy/sell signal for CAG stock?
The buy/sell signal for CONAGRA BRANDS INC (CAG) is sell as both the short term and long term trends are negative.