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S&P 500 Oversold StocksArchive
- 1/17/2025 -
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Campbell Soup (CPB) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week for the Campbell Soup (CPB). During the week, the CPB gained 1.24 points, or 3.29%, and closed at 38.98 on Friday, January 17, 2025. It was the best weekly gain since November 22, 2024. CPB was trading at average weekly trading volume.
CPB 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 CPB long-term trend chart]
A long-term downtrend had started on September 10, 2024 at 52.81 and reached 37.61 on January 13, 2025. CPB lost 15.20 points, or 28.78%, in 17 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 38.21 and resistance is at 42.64. 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 long-term trend.
Medium-term trend: [See CPB medium-term trend chart]
A medium-term downtrend had started on November 27, 2024 at 46.95 and reached 37.61 on January 13, 2025. CPB lost 9.34 points, or 19.89%, in 6 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 36.58 and resistance is at 40.13. 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 Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Williams' Percentage Range or strongly oversold weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 uptrend had started on January 13, 2025 at 37.61 and reached 39.44 on January 17, 2025. CPB gained -1.83 points, or -4.87%, in 4 days. Price is near the Fibonacci 23.6% 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 Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal.
The daily MACD line is below its signal line since January 6, 2025. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.
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