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Campbell Soup Co (CPB) Crosses Pivot Point Support at $41.43

By James Quinn

Shares of Campbell Soup Co (NYSE:CPB) opened today below their pivot of $42.26 and have already reached the first level of support at $41.43. Analysts will be watching for a cross of the next downside pivot targets of $40.59 and $38.92.

Campbell Soup Co (NYSE:CPB) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $45.77. Campbell Soup Co shares should first meet resistance at the 50-day moving average (MA) of $39.19 and find additional resistance at the 200-day MA of $43.25.

Campbell Soup Co share prices have moved between a 52-week high of $54.37 and the current low of $0.00 and are currently at $0.00 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.6%.

SmarTrend recommended that subscribers consider buying shares of Campbell Soup Co on June 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $36.81. Since that recommendation, shares of Campbell Soup Co have risen 14.9%. We continue to monitor CPB for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts campbell soup co

Ticker(s): CPB