Stock Analysis: Conagra Brands Inc (CAG)

Stock Analysis for Conagra Brands Inc (CAG)

The Interpreter
Hey Friend, I'm analysing CONAGRA BRANDS INC (CAG), and it is between the Support of $ 30.58 (PivotS1) and the Resistance of $ 30.63 (138.2% of Fibonacci). The stock is also approaching the line of PivotS1 at $ 30.58, and if it goes below this line it could reach the next Support of 100% of Fibonacci at $ 29.87.

Conagra Brands Inc (CAG)

$ 30.59 -0.8%

Last Close 03-May-24

Trade CAG Now

Supports

Next Support: $ 30.58

Pivot S1: $ 30.58
Fibonacci 100%: $ 29.87
Triangle Level (1): $ 25.92

Resistances

Next Resistance: $ 30.63

Pivot: $ 31.19
Fibonacci 138.2%: $ 30.63
Triangle Level (0): $ 30.83

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 26 Mar 2024	Sell Price: 28.91	Loss: Close Day2 ($ 29.64)	Engulfing	Sell
002 07 Mar 2024	Sell Price: 27.80	Loss: Close Day2 ($ 28.53)	Engulfing	Sell
003 26 Jan 2024	Sell Price: 29.62	Profit: Open Day1 ($ 29.35)	Dark Cloud Cover	Sell
004 08 Jan 2024	Buy Price: 28.73	Profit: Close Day1 ($ 29.32)	Engulfing	Buy
005 21 Nov 2023	Buy Price: 28.20	Profit: Open Day1 ($ 28.36)	Abandoned Baby	Buy
006 14 Nov 2023	Buy Price: 28.02	Profit: Close Day1 ($ 28.15)	Abandoned Baby	Buy
007 10 Nov 2023	Sell Price: 27.81	Profit: Open Day1 ($ 27.72)	Engulfing	Sell
008 06 Oct 2023	Buy Price: 26.41	Profit: Open Day1 ($ 26.42)	Abandoned Baby	Buy
009 15 May 2023	Sell Price: 36.52	Profit: Open Day1 ($ 36.45)	Engulfing	Sell
010 15 May 2023	Sell Price: 36.54	Profit: Open Day1 ($ 36.45)	Dark Cloud Cover	Sell
011One Year Average	Both Sides Result for 10 Signals	Loss: $ -0.05 ($ -0.00 / Signal) -0.2% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for CAG Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	30.72	SELL	2	30.66	SELL
3	30.72	SELL	3	30.70	SELL
5	30.78	SELL	5	30.77	SELL
8	30.98	SELL	8	30.80	SELL
13	30.88	SELL	13	30.74	SELL
21	30.70	SELL	21	30.54	BUY
34	30.14	BUY	34	30.18	BUY
55	29.33	BUY	55	29.78	BUY
90	29.10	BUY	90	29.49	BUY
200	29.08	BUY	200	30.00	BUY

Company Info +

Name & IPO

Conagra Brands Inc
IPO: 1973-01-09

Stock Ticker & Exchange

Ticker: CAGIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.conagrabrands.com/
Phone:

Stock Type

Common Stock

SIC Office

Manufacturing ()

Industry

Food And Kindred Products

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.