The Greedy Trader Weekly Analysis
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Number of records: 15
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ConAgra Foods, Inc.
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Summary:
Weekly :Broken trend support line
Daily :Bearish Thrusting CandlestickStochastic signal line moved above oversold areaThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a second consecutive positive week for the ConAgra Foods, Inc. (CAG). During the week, the CAG climbed 0.34 points, or 0.95%, and closed at 36.07 on Friday, July 13, 2018. Weekly volume was 56% above average.

Long-term trend: [See CAG long-term trend chart]
A long-term uptrend had started on August 30, 2017 at 32.16 and reached 39.43 on June 21, 2018. CAG gained -7.27 points, or -22.61%, in 42 weeks. The chart has formed a Descending Triangle chart pattern. The uptrend support line (37.34) 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 long-term trend.

Medium-term trend: [See CAG medium-term trend chart]
A medium-term uptrend had started on February 6, 2018 at 34.75 and reached 39.43 on June 21, 2018. CAG gained -4.68 points, or -13.47%, in 19 weeks. The price is now at the 71.79% retracement level.

Weekly Technical Indicators: [See CAG weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since June 29, 2018. The distance between MACD and the signal line is low, but getting bigger. 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 June 21, 2018 at 39.43 and reached 34.52 on July 3, 2018. CAG lost 4.91 points, or 12.45%, in 12 days. The price is now at the 31.57% retracement level.

Daily Technical Indicators: [See CAG daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. 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 link to access Lane's Stochastic help.

The daily MACD line is below its signal line since June 26, 2018. 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.

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.

Candlestick pattern: [See CAG candlestick chart pattern]
On Friday the chart has formed a Bearish Thrusting Candlestick pattern. This pattern occurs in a downtrend and it shows a rally failure in a down market. This is a weak continuation pattern. The reliability of the Bearish Thrusting pattern is low. Use the Technical Stock Screener to see the list of stocks that had a Bearish Thrusting Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.20
Williams' Percentage Range (W%R) 71.90
Lane's Stochastic (%D-Slow) 67.09
Greed/Fear Indicator (GFI) 43.47
Moving Average Converg./Diverg. (MACD) -0.36
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.00
Williams' Percentage Range (W%R) 71.90
Lane's Stochastic (%D-Slow) 55.31
Greed/Fear Indicator (GFI) 43.59
Moving Average Converg./Diverg. (MACD) 0.23
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 39.46
Upper Bollinger Band 39.27
Quarterly Trendline Support 37.34
50 Day Moving Average 37.18
20 Day Moving Average 36.86
Weekly Stochastic Crossing 36.86
Daily Stochastic Crossing 36.24
Price 36.07
Parabolic System 34.63
Lower Bollinger Band 33.92
Sector and Industry
Description Name Rank
Sector Consumer Goods 4
Industry Food - Major Diversified 99
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 34.52
Low Date 07/03/2018
High 36.87
High Date 07/10/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 39.43
High Date 06/21/2018
Low 34.52
Low Date 07/03/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 34.75
Low Date 02/06/2018
High 39.43
High Date 06/21/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Descending Triangle
Status Broken Support
Resistance 39.46
Support 37.34
Low 32.16
Low Date 08/30/2017
High 39.43
High Date 06/21/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 48.86
High Date 11/08/2016
Low 32.16
Low Date 08/30/2017
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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