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Takip Edin: @UscMarketsCAG Stock Forecast & Conagra Brands Chart Analysis
This article provides a detailed analysis of CAG-Conagra Brands stock including a forecast for CAG shares. It features Conagra Brands, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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CAG Historical Data Review
CAG Current Price Performance Analysis
The Conagra Brands - CAG stock traded on the American stock market, on 06-05-2024, closed at 29.77$ with a %-0.77 decreased compared to the previous day.
In the last month, the price of CAG changed by %-1.39 decreased in value, from 30.19 dollars on 05-06-2024 to 29.77 dollars, decreased.
Last year, the price of CAG was 34.32 dollars on 06-06-2023, and changed by %-13.26 decreased in value, to 29.77 dollars decreased within a year.
The price of Conagra Brands stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
CAG with AI Stock Forecast & Price Target
On the CAG chart Conagra Brands price was recorded as 29.77 Dollars on 06/05/2024.
The artificial intelligence's forecast on CAG stock is as follows.
The artificial intelligence's prediction error margin for CAG stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Conagra Brands stock over the next 4 months is: 25.9 Dollars.
The commentary on CAG stock Target Price: Highest: 30.341 Dollars is predicted.
The commentary on CAG stock Target Price: Lowest: 21.145 Dollars is predicted.
Resistance Price where Conagra Brands stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 28.985 |
| 11-27-2024 | 26.546 |
| 02-20-2025 | 22.564 |
Support Price where Conagra Brands stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 27.425 |
| 11-22-2024 | 26.540 |
| 02-10-2025 | 22.530 |
The commentary on CAG stock: The target price can generally be said to be on the decline.
The commentary on CAG stock: Fluctuations in the target price can be expected in the coming days.
The target price for Conagra Brands stock by the end of 2024 is predicted to be 25.523 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CAG stock, and the 2024 target price predictions for Conagra Brands are detailed above.
The technical analysis and charts for the commentary on CAG stock are below.
CAG Support & Resistance and Trend Analysis
CAG stock you have reviewed the technical analysis support resistance charts regarding.
CAG : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CAG review, the Conagra Brands support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Conagra Brands Support and Resistance Prices:
| CAG Support Level Price | CAG Resistance Level Price |
|---|---|
| 26.62 | 28.30 |
| 27.29 | 28.69 |
| 27.46 | 29.85 |
| 27.77 | 29.88 |
| 28.06 | 29.89 |
| 28.09 | 29.95 |
| 28.30 | 30.69 |
| 29.27 | 31.27 |
| 31.57 | |
| 31.82 |
CAG Technical Analysis: SMA, RSI, MACD
Upon reviewing the CAG chart, buy and sell signals have been generated in the Conagra Brands technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for CAG stock are as follows:- CAG technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Conagra Brands gave a 'Buy' signal when the RSI was at 28.302, with the current RSI value at 41.73.
- The technical analysis for Conagra Brands indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Conagra Brands stock: Click here to read more predictions on Nutanix stock.
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