|
|
Archive - 12/13/2024 - Sign In to see current Signals. |
Campbell Soup (CPB) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Campbell Soup (CPB). During the week, the CPB climbed 0.26 points, or 0.61%, and closed at 42.99 on Friday, December 13, 2024. Weekly volume was 25% above average. Long-term trend: [See CPB long-term trend chart] A long-term uptrend had started on October 12, 2023 at 37.94 and reached 52.81 on September 10, 2024. CPB gained -14.87 points, or -39.19%, in 47 weeks. The price is now at the 66.04% retracement level. Medium-term trend: [See CPB medium-term trend chart] A medium-term downtrend had started on September 10, 2024 at 52.81 and reached 42.37 on December 5, 2024. CPB lost 10.44 points, or 19.77%, in 12 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 40.78 and resistance is at 45.20. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend. Weekly Technical Indicators: [See CPB weekly technical indicators chart] Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly 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. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help. Short-term trend: [See CPB short-term trend chart] A short-term downtrend had started on November 27, 2024 at 46.95 and reached 42.37 on December 5, 2024. CPB lost 4.58 points, or 9.76%, in 8 days. The price is now at the 13.54% retracement level. Daily Technical Indicators: [See CPB daily technical indicators chart] Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. The daily MACD line is below its signal line since December 4, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
| |
|
|
|
|
Daily Oscillators |
|
Weekly Oscillators |
|
Trading
Signals |
|
|
Sector and
Industry |
Description |
Name |
Rank |
Sector |
Consumer Staples |
4 |
Industry |
Packaged Foods & Meats |
36 |
|
Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Low |
42.37 |
Low Date |
12/05/2024 |
High |
43.75 |
High Date |
12/09/2024 |
|
Weekly Trend |
|
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
|
Resistance |
|
Support |
|
High |
46.95 |
High Date |
11/27/2024 |
Low |
42.37 |
Low Date |
12/05/2024 |
|
Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Channel |
Status |
Valid |
Resistance |
45.20 |
Support |
40.78 |
High |
52.81 |
High Date |
09/10/2024 |
Low |
42.37 |
Low Date |
12/05/2024 |
|
Quarterly Trend |
|
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
|
Resistance |
|
Support |
|
Low |
37.94 |
Low Date |
10/12/2023 |
High |
52.81 |
High Date |
09/10/2024 |
|
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
|
Resistance |
|
Support |
|
High |
57.78 |
High Date |
12/28/2022 |
Low |
37.94 |
Low Date |
10/12/2023 |
|
|