|
|
Uptrend SupportArchive
- 1/17/2025 -
Sign In to see current Signals. |
ConAgra Foods, Inc. (CAG) Technical Analysis
|
 |
| 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 gave back -0.12 points, or -0.46%, and closed at 25.82 on Friday, January 17, 2025. Weekly volume was 30% above average.
CAG is a member of Consumer Staples Sector. Consumer Staples is the most oversold 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 25.16 on October 6, 2023. CAG lost 16.14 points, or 39.08%, in 38 weeks. The chart has formed a Rising Channel chart pattern. The downtrend support line (29.48) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 October 6, 2023 at 25.16 and reached 33.24 on September 10, 2024. CAG gained -8.08 points, or -32.11%, in 48 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (29.48) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. CAG may retest the broken support line. It is considered to be a resistance line now. 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 Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since October 4, 2024. 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 December 5, 2024 at 28.69 and reached 25.35 on January 16, 2025. CAG lost 3.34 points, or 11.64%, in 42 days. The price is now at the 14.07% retracement level.
 Daily Technical Indicators: [See CAG daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic.
The daily MACD line is below its signal line since January 6, 2025. This is an indication that the short-term trend is down.
| |
|
|