Taking everything into account, CPB scores 0 out of 10 in our technical rating. CPB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CPB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 29.59, a Stop Loss order could be placed below this zone.
More info and screens
29.07
We found 1 important support area.
- A support zone ranging from 29.36 to 29.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 30.27 to 31.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.50 from a trend line in the daily time frame.
- Resistance @33.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 34.04 to 34.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for CPB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CPB is down. |
| ChartMill Relative Strength | 14.28 | NEGATIVE | CPB has a low relative strength, it was outperformed by 85.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CPB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CPB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CPB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.14 | NEUTRAL | The RSI value for CPB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests CPB has a negative trend. |
| Stochastics (14,3) | 10.95 | OVERSOLD | The low Stochastics value suggests CPB may be oversold. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for CPB suggests some volalility. |
| Average Directional Index/ADX (14) | 14.37 | NEGATIVE | The low ADX value for CPB suggests a weak or negative trend. |
29.6
+0.24 (+0.82%)
THE CAMPBELL'S COMPANY / CPB FAQ
What is the ChartMill technical rating of THE CAMPBELL'S COMPANY (CPB) stock?
ChartMill assigns a technical rating of 0 / 10 to CPB.
What is the trend direction for CPB stock?
The current trend direction for THE CAMPBELL'S COMPANY (CPB) is Bearish.
What is the RSI signal for CPB stock?
THE CAMPBELL'S COMPANY (CPB) has an RSI value of 40.1419. This indicates that the stock is currently neutral.
What is the buy/sell signal for THE CAMPBELL'S COMPANY (CPB) stock?
The buy/sell signal for THE CAMPBELL'S COMPANY (CPB) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for THE CAMPBELL'S COMPANY (CPB) stock?
THE CAMPBELL'S COMPANY (CPB) has a support level at 29.59 and a resistance level at 30.27. Check the full technical report for our detailed analysis of CPB support and resistance levels.