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Downtrend ExhaustionArchive - 4/25/2025 - Sign In to see current Signals. |
ConAgra Foods, Inc. (CAG) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the ConAgra Foods, Inc. (CAG). During the week, the CAG dropped -0.88 points, or -3.47%, and closed at 24.45 on Friday, April 25, 2025. CAG was trading at average weekly trading volume. CAG is a member of Consumer Staples Sector. Consumer Staples is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CAG long-term trend chart] A long-term downtrend had started on January 9, 2023 at 41.30 and reached 23.06 on February 18, 2025. CAG lost 18.24 points, or 44.16%, in 110 weeks. The chart has formed a Rising Channel chart pattern. The downtrend support line (30.38) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See CAG medium-term trend chart] A medium-term uptrend had started on February 18, 2025 at 23.06 and reached 28.52 on March 10, 2025. CAG gained -5.46 points, or -23.68%, in 2 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (27.08) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See CAG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since March 14, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See CAG short-term trend chart] A short-term downtrend had started on April 4, 2025 at 27.68 and reached 24.24 on April 25, 2025. CAG lost 3.44 points, or 12.43%, in 21 days. The price is now at the 6.10% retracement level.
Daily Technical Indicators: [See CAG daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since April 7, 2025. This is an indication that the short-term trend is down.
Candlestick pattern: [See CAG candlestick chart pattern] On Friday the chart has formed a Bearish Three Black Crows Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bearish Three Black Crows Candlestick pattern during the last week.
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