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S&P 500 Oversold StocksArchive
- 5/2/2025 -
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ConAgra Foods, Inc. (CAG) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the ConAgra Foods, Inc. (CAG). During the week, the CAG dropped -0.59 points, or -2.41%, and closed at 23.86 on Friday, May 2, 2025. Weekly volume was 9% above average.
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 (30.44) 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 downtrend had started on September 10, 2024 at 33.24 and reached 23.06 on February 18, 2025. CAG lost 10.18 points, or 30.63%, in 23 weeks. The price is now at the 7.86% retracement level.
 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. The distance between MACD and the signal line is low and getting smaller. 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 23.67 on May 2, 2025. CAG lost 4.01 points, or 14.49%, in 28 days. The chart has formed a Falling Wedge chart pattern. The trend support level is at 23.66 and resistance is at 24.39. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a short-term trend.
 Daily Technical Indicators: [See CAG daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD 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 daily MACD line is below its signal line since April 7, 2025. This is an indication that the short-term trend is down.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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