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Archive - 8/28/2026 - Sign In to see current Signals. |
ConAgra Foods, Inc. (CAG) Technical Analysis
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| 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 dropped -0.34 points, or -2.07%, and closed at 16.09 on Friday, August 28, 2026. Weekly volume was -39% below average. CAG is a member of Consumer Staples Sector. Consumer Staples is the second 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 September 10, 2024 at 33.24 and reached 12.53 on June 4, 2026. CAG lost 20.71 points, or 62.30%, in 90 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (16.08). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See CAG medium-term trend chart] A medium-term uptrend had started on June 4, 2026 at 12.53 and reached 16.74 on August 24, 2026. CAG gained -4.21 points, or -33.60%, in 11 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 14.57 and resistance is at 16.88. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See CAG weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 above its signal line since June 26, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 August 24, 2026 at 16.74 and reached 15.74 on August 27, 2026. CAG lost 1.00 points, or 5.97%, in 3 days. The price is now at the 35% retracement level.
Daily Technical Indicators: [See CAG daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. The daily MACD line is above its signal line since August 13, 2026. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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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