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Conagra Brands I Bullish Moving Average Crossover Alert (CAG)

By Nick Russo

Today, shares of Conagra Brands I (NYSE:CAG) have crossed bullishly above their 10-day moving average of $29.16 on a volume of 204K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Conagra Brands I share prices have been bracketed by a low of $20.22 and a high of $39.43 and are now at $29.34, 45% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 1.2%.

SmarTrend is tracking the current trend status for Conagra Brands I and will alert subscribers who have CAG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses conagra brands i

Ticker(s): CAG