THE CAMPBELL'S COMPANY (CPB) Stock Technical Analysis
USA - NASDAQ:CPB - US1344291091 - Common Stock
We assign a technical rating of 1 out of 10 to CPB. CPB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CPB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 32.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.59, a Stop Loss order could be placed below this zone.
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29.49
2 important support areas can be observed.
- A support zone ranging from 30.71 to 31.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.79 to 30.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @32.72 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 | NEUTRAL | NEUTRAL | The short term trend for CPB is neutral. |
| ChartMill Relative Strength | 19.71 | NEGATIVE | CPB has a low relative strength, it was outperformed by 80.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CPB is above 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) | 57.48 | NEUTRAL | The RSI value for CPB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CPB has a positive trend. |
| Stochastics (14,3) | 63.72 | NEUTRAL | The Stochastics value for CPB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for CPB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.26 | NEGATIVE | The low ADX value for CPB suggests a weak or negative trend. |
31.66
+0.86 (+2.79%)
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 1 / 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 57.4838. This indicates that the stock is currently neutral.
What are the support and resistance levels for THE CAMPBELL'S COMPANY (CPB) stock?
THE CAMPBELL'S COMPANY (CPB) has a support level at 31.59 and a resistance level at 32.72. Check the full technical report for our detailed analysis of CPB support and resistance levels.