CONAGRA BRANDS INC (CAG)

US2058871029 - Common Stock

32.05  +0.3 (+0.94%)

Premarket: 32 -0.05 (-0.16%)

Technical Rating and Analysis

8

Taking everything into account, CAG scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CAG is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
CAG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CAG is lagging the market slightly.
CAG has an average volume of 4632910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CAG turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
CAG is an average performer in the Food Products industry, it outperforms 65% of 92 stocks in the same industry.
In the last month CAG has a been trading in the 29.96 - 33.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CAG Weekly chart
CAG Daily chart
Setup Rating and Analysis

3

Although CAG has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

27.42

33.17

We found 4 important support areas.

  • A support zone ranging from 31.54 to 31.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 30.19 to 30.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @29.53 from a horizontal line in the daily time frame.
  • A support zone ranging from 27.70 to 28.86. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 32.75 to 32.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.89
Mansfield-0.25
10 Day High33.24
10 Day Low31.01
20 Day High33.24
20 Day Low29.97
52 Week High33.24
52 Week Low25.16
Performance
1 Week-2.11%
2 Weeks3.25%
1 Month6.23%
3 Month13.09%
6 Month14.18%
12 Month10.75%
2 Year-1.78%
3 Year-5.37%
5 Year4.47%
10 Year-3%
15 Year47.83%
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)-0.03
RSI(14)57.55
LBB30.62
UBB33.18
CAG Daily chart

CONAGRA BRANDS INC

NYSE:CAG (9/13/2024, 8:04:51 PM)

Premarket: 32 -0.05 (-0.16%)

32.05

+0.3 (+0.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.94%
1 Week-2.11%
2 Weeks3.25%
1 Month6.23%
3 Month13.09%
6 Month14.18%
12 Month10.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.63
ATR(20)%1.85%
ATR Inc
Range Today0.44
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High33.24
10 Day Low31.01
20 Day High33.24
20 Day Low29.97
52 Week High33.24
52 Week Low25.16
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.35M
Volume Incr6.2%
Vol(5)5.10M
Vol(50)4.63M