Conagra Stock Technical Analysis

CAG
 Stock
  

USD 33.94  0.11  0.32%   

As of the 28th of June, Conagra Brands shows the Risk Adjusted Performance of 0.0899, downside deviation of 1.92, and Mean Deviation of 1.11. Conagra Brands technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Conagra Brands, which can be compared to its rivals. Please confirm Conagra Brands maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Conagra Brands is priced correctly, providing market reflects its regular price of 33.94 per share. Given that Conagra Brands has jensen alpha of 0.2169, we suggest you to validate Conagra Brands's prevailing market performance to make sure the company can sustain itself at a future point.
  
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Conagra Brands Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Conagra, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Conagra
Conagra Brands' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Conagra Brands Analyst Consensus

Target PriceAdvice# of Analysts
37.43Hold7Odds
Conagra Brands current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Conagra analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Conagra stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Conagra Brands, talking to its executives and customers, or listening to Conagra conference calls.
Conagra Analyst Advice Details
Conagra Brands technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Conagra Brands technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Conagra Brands trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Conagra Brands Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Conagra Brands volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Conagra Brands Trend Analysis

Use this graph to draw trend lines for Conagra Brands. You can use it to identify possible trend reversals for Conagra Brands as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Conagra Brands price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Conagra Brands Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Conagra Brands applied against its price change over selected period. The best fit line has a slop of   -0.05  , which may imply that the returns on investment in Conagra Brands will continue to fail. It has 122 observation points and a regression sum of squares at 100.75, which is the sum of squared deviations for the predicted Conagra Brands price change compared to its average price change.

About Conagra Brands Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Conagra Brands on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Conagra Brands based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Conagra Brands stock first instead of the macroeconomic environment surrounding Conagra Brands. By analyzing Conagra Brands's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Conagra Brands's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Conagra Brands specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2014 2019 2021 2022 (projected)
Long Term Debt to Equity1.440.971.131.06
Interest Coverage3.14.352.994.31

Conagra Brands June 28, 2022 Technical Indicators

Most technical analysis of Conagra help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Conagra from various momentum indicators to cycle indicators. When you analyze Conagra charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Conagra Brands June 28, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Conagra stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Trending Equities. Note that the Conagra Brands information on this page should be used as a complementary analysis to other Conagra Brands' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Conagra Stock analysis

When running Conagra Brands price analysis, check to measure Conagra Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Conagra Brands is operating at the current time. Most of Conagra Brands' value examination focuses on studying past and present price action to predict the probability of Conagra Brands' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Conagra Brands' price. Additionally, you may evaluate how the addition of Conagra Brands to your portfolios can decrease your overall portfolio volatility.
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Is Conagra Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Conagra Brands. If investors know Conagra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Conagra Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.22
Market Capitalization
16.3 B
Quarterly Revenue Growth YOY
0.051
Return On Assets
0.0481
Return On Equity
0.12
The market value of Conagra Brands is measured differently than its book value, which is the value of Conagra that is recorded on the company's balance sheet. Investors also form their own opinion of Conagra Brands' value that differs from its market value or its book value, called intrinsic value, which is Conagra Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Conagra Brands' market value can be influenced by many factors that don't directly affect Conagra Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Conagra Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine Conagra Brands value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Conagra Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.