CONAGRA BRANDS INC (CAG) 36.45 +0.19 (+0.52%)
36.45 +0.19 (+0.52%)
US2058871029 - Common Stock - After market: 36.45 0 (0%)
Technical Rating
We assign a technical rating of 3 out of 10 to CAG. In the last year, CAG was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
CAG has an average volume of 4079250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, CAG outperforms 62% of them, which is more or less in line with the market.
CAG is an average performer in the Food Products industry, it outperforms 69% of 104 stocks in the same industry.
CAG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month CAG has a been trading in the 35.62 - 41.30 range, which is quite wide. It is currently trading near the lows of this range.
Statistics
Support/Resistance Analysis
30.41
41.38
When analyzing the support we can see 4 important areas.
- A support zone ranging from 33.84 to 34.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.55 to 33.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.72 from a horizontal line in the daily time frame.
- Support @30.72 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.97 to 40.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Setup Analysis
Setup Rating
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.
CONAGRA BRANDS INC36.45
NYSE:CAG (2/3/2023, 7:04:00 PM)+0.19 (+0.52%)
| GICS Sector | Consumer Staples | ||
| GICS Industry | Food Products | ||
| Today | 0.52% | 1 Week | -0.03% |
| 2 Weeks | -4.03% | 1 Month | -8.81% |
| 3 Month | 1.31% | 6 Month | 5.87% |
| ATR(14) | 0.74 | ATR(20)% | 2.05% |
| ATR Inc | 25.9% | Range Today | 0.96 |
| ST Trend | LT Trend | ||
| SMA(5) | SMA(10) | ||
| SMA(20) | SMA(50) | ||
| SMA(100) | SMA(200) |
| CRS | 62.27 | Mansfield | 0.12 |
| 10 Day High | 38.14 | 10 Day Low | 35.62 |
| 20 Day High | 41.3 | 20 Day Low | 35.62 |
| 52 Week High | 41.3 | 52 Week Low | 30.06 |
| CS1 End | 34.36 | CR1 Start | 40.97 |
| DER(3) | -0.1% | DER(5) | 0.46% |
| Volume | 4.40M | Volume Incr | 13.47% |
| Vol(5) | 5.21M | Vol(50) | 4.08M |
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