CONAGRA BRANDS INC (CAG) Technical Analysis
NYSE:CAG • US2058871029
Current stock price
16.41 USD
+0.24 (+1.48%)
At close:
16.61 USD
+0.2 (+1.22%)
After Hours:
CAG Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CAG. 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.
- When comparing the yearly performance of all stocks, CAG is a bad performer in the overall market: 85% of all stocks are doing better.
- CAG is one of the lesser performing stocks in the Food Products industry. 60% of 88 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.
- In the last month CAG has a been trading in the 16.13 - 20.08 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- CAG has an average volume of 13415700 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!
CAG Weekly and Daily overview Charts
CAG Setup Rating and Analysis
The technical rating of CAG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CAG Support and Resistance Analysis
15.92
20.01
When analyzing the support we notice one important area.
- Support @16.08 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 18.09 to 18.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.51 to 18.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @19.07 from a trend line in the weekly time frame.
- A resistance zone ranging from 19.63 to 19.81. 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 | NEUTRAL | NEUTRAL | The long term trend for CAG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAG is down. |
| ChartMill Relative Strength | 15.71 | NEGATIVE | CAG has a low relative strength, it was outperformed by 84.29% 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) | 31.46 | NEUTRAL | The RSI value for CAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests CAG has a negative trend. |
| Stochastics (14,3) | 4.6 | OVERSOLD | The low Stochastics value suggests CAG may be oversold. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for CAG suggests some volalility. |
| Average Directional Index/ADX (14) | 22.84 | NEUTRAL | The ADX value for CAG suggests a possible start of a new trend. |
CAG Chart- and CandleStick Pattern Analysis
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)
CAG Technicals: Chart, Performance Metrics, Trend & Indicators
16.41
+0.24 (+1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.48%
1 Week-13.72%
2 Weeks-14.75%
1 Month-17.7%
3 Month-7.55%
6 Month-14.4%
12 Month-36.02%
2 Year-44.64%
3 Year-56.31%
5 Year-56.36%
10 Year-63.22%
15 Year-30.91%
Volatility
ATR(14)0.61
ATR(20)%3.86%
ATR Inc42.44%
Range Today0.52
ADR(20)0.6
ADR(20)%3.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.71
3 months CRS32.14
6 months CRS25.81
Mansfield-2.21
10 Day High19.48
10 Day Low16.13
20 Day High20.08
20 Day Low16.13
52 Week High27.68
52 Week Low15.96
CS1 End16.08
CR1 Start18.09
Volume & EV
DER(3)-3.32%
DER(5)-2.86%
Volume20.23M
Volume Incr47.03%
Vol(5)18.11M
Vol(50)13.42M
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 CAG stock?
CONAGRA BRANDS INC (CAG) has an RSI value of 31.4566. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CONAGRA BRANDS INC?
The short term momentum for CONAGRA BRANDS INC (CAG) is negative.
What is the support and resistance level for CAG stock?
CONAGRA BRANDS INC (CAG) has a support level at 16.08 and a resistance level at 18.09. Check the full technical report for our detailed analysis of CAG support and resistance levels.