CONAGRA BRANDS INC (CAG) Stock Technical Analysis
NYSE:CAG - New York Stock Exchange, Inc. - US2058871029 - Common Stock - Currency: USD
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.
80% of all other stocks performed better in the past year than CAG.
CAG is one of the lesser performing stocks in the Food Products industry. 60% of 90 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. The S&P500 Index is trading in the upper part of its 52 week range, so CAG is lagging the market.
CAG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CAG has an average volume of 6482170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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. We notice that large players showed an interest for CAG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
22.23
28.10
We found 1 important support area.
- Support @22.45 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 23.10 to 23.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.67 to 25.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.20 from a trend line in the daily time frame.
- Resistance @27.82 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.66
Mansfield-2.04
10 Day High23.47
10 Day Low22.38
20 Day High25.58
20 Day Low22.38
52 Week High33.24
52 Week Low22.38
Performance
1 Week1.14%
2 Weeks-1.11%
1 Month-9.38%
3 Month-10.47%
6 Month-15.79%
12 Month-23.74%
2 Year-33.78%
3 Year-29.8%
5 Year-33.63%
10 Year-40.2%
15 Year-4.51%
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)0.02
RSI(14)39.11
LBB22.33
UBB24.04
23.09
+0.08 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.35%
1 Week1.14%
2 Weeks-1.11%
1 Month-9.38%
3 Month-10.47%
6 Month-15.79%
12 Month-23.74%
2 Year-33.78%
3 Year-29.8%
5 Year-33.63%
10 Year-40.2%
15 Year-4.51%
Volatility
ATR(14)0.46
ATR(20)%2.13%
ATR Inc-25.77%
Range Today0.38
ADR(20)0.48
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.66
Mansfield-2.04
10 Day High23.47
10 Day Low22.38
20 Day High25.58
20 Day Low22.38
52 Week High33.24
52 Week Low22.38
CS1 End22.45
CR1 Start23.1
Volume & EV
DER(3)3.7%
DER(5)1.98%
Volume6.11M
Volume Incr9.32%
Vol(5)6.43M
Vol(50)6.48M