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Downtrend ResistanceArchive
- 10/23/2026 -
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ConAgra Foods, Inc. (CAG) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was a third consecutive positive week for the ConAgra Foods, Inc. (CAG). During the week, the CAG gained 0.39 points, or 2.70%, and closed at 14.86 on Friday, October 23, 2026. Weekly volume was -32% below 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 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 (14.76). 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 downtrend had started on August 24, 2026 at 16.74 and reached 12.88 on October 1, 2026. CAG lost 3.86 points, or 23.06%, in 5 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (11.64) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CAG may retest the broken resistance line. It is considered to be a support line now. 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See CAG weekly technical indicators chart]
Weekly technical indicators are neutral.
During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
 Short-term trend: [See CAG short-term trend chart]
A short-term uptrend had started on October 1, 2026 at 12.88 and reached 15.15 on October 22, 2026. CAG gained -2.27 points, or -17.62%, in 21 days. The chart has formed a Broadening Ascending Wedge chart pattern.
 Daily Technical Indicators: [See CAG daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. 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 Williams' Percentage Range help.
The daily MACD line is above its signal line since October 12, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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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