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

3

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

1 Month 3 Months 6 Months 12 Months -8.81% 1.31% 5.87% 4.95% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 62.27 30.06 - 41.3
CAG Weekly chart
CAG Daily chart

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

3

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.


CAG Daily chart

CONAGRA BRANDS INC36.45

NYSE:CAG (2/3/2023, 7:04:00 PM)+0.19 (+0.52%)

After market: 36.45 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Staples
GICS Industry Food Products

Performance
Today 0.52% 1 Week -0.03%
2 Weeks -4.03% 1 Month -8.81%
3 Month 1.31% 6 Month 5.87%

Volatility
ATR(14) 0.74 ATR(20)% 2.05%
ATR Inc 25.9% Range Today 0.96

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
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

Volume & EV
DER(3) -0.1% DER(5) 0.46%
Volume 4.40M Volume Incr 13.47%
Vol(5) 5.21M Vol(50) 4.08M

Technical Stock Screener Links

Screen Image

Technical Stock Screener

Find stocks with similar TA and Setup ratings on the USA

Screen Image

Best Technical Competitors Stock Screener

Find the competitors with the best technical ratings on the USA

Screen Image

Best Technical Setups Competitors Stock Screener

Find the competitors with the best technical and setup ratings on the USA