The Greedy Trader Weekly Analysis
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Archive
- 8/10/2018
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Campbell Soup
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Summary:
Weekly :Lane's Stochastic is overboughtStochastic has declined below the signal line
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARPrice is near the Fibonacci 61.8% retracement levelThe price is close to the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the Campbell Soup (CPB). During the week, the CPB dropped -1.41 points, or -3.30%, and closed at 41.35 on Friday, August 10, 2018. It was the worst weekly loss since May 18, 2018. Weekly volume was 66% above average.

Long-term trend: [See CPB long-term trend chart]
A long-term downtrend had started on February 9, 2017 at 64.23 and reached 32.63 on June 7, 2018. CPB lost 31.60 points, or 49.20%, in 69 weeks. The price is now at the 27.59% retracement level.

Medium-term trend: [See CPB medium-term trend chart]
A medium-term uptrend had started on June 7, 2018 at 32.63 and reached 43.98 on August 3, 2018. CPB gained -11.35 points, or -34.78%, in 8 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 39.62 and resistance is at 44.00. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See CPB weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since June 22, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See CPB short-term trend chart]
A short-term uptrend had started on July 24, 2018 at 39.62 and reached 43.98 on August 3, 2018. CPB gained -4.36 points, or -11.00%, in 10 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See CPB daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.45
Williams' Percentage Range (W%R) 60.80
Lane's Stochastic (%D-Slow) 47.03
Greed/Fear Indicator (GFI) 48.90
Moving Average Converg./Diverg. (MACD) 0.62
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.75
Williams' Percentage Range (W%R) 24.90
Lane's Stochastic (%D-Slow) 81.83
Overbought
Greed/Fear Indicator (GFI) 69.85
Moving Average Converg./Diverg. (MACD) -1.92
Trading Signals
Description Value Chart
Weekly Trendline Resistance 44.00
Parabolic System 43.91
Upper Bollinger Band 42.86
Weekly Stochastic Crossing 42.47
Daily Stochastic Crossing 42.23
Price 41.35
20 Day Moving Average 41.17
Lower Bollinger Band 39.67
Weekly Trendline Support 39.62
50 Day Moving Average 39.35
Sector and Industry
Description Name Rank
Sector Consumer Goods 4
Industry Food - Major Diversified 116
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 39.62
Low Date 07/24/2018
High 43.98
High Date 08/03/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 44.00
Support 39.62
Low 32.63
Low Date 06/07/2018
High 43.98
High Date 08/03/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 48.10
High Date 02/15/2018
Low 32.63
Low Date 06/07/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 64.23
High Date 02/09/2017
Low 32.63
Low Date 06/07/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 67.89
High Date 07/06/2016
Low 32.63
Low Date 06/07/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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