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Conagra Brands I Bullish Moving Average Crossover Alert (CAG)

By Amy Schwartz

Conagra Brands I (NYSE:CAG) shares have crossed bullishly above their 10-day moving average of $28.30 on a volume of 385K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Conagra Brands I share prices have moved between a 52-week high of $38.43 and a 52-week low of $20.22 and are now trading 41% above that low price at $28.57 per share. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.2%.

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