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Next Resistance Level for Campbell Soup Co (CPB) is $48.37

By Amy Schwartz

Shares of Campbell Soup Co (NYSE:CPB) have bullishly opened above the pivot of $48.08 today and have reached the first resistance level of $48.33. Analysts will be watching for a cross of the next upside pivot targets of $48.37 and $48.66.

Campbell Soup Co (NYSE:CPB) is currently priced 5.2% above its average consensus analyst price target of $45.77. The stock should find resistance at its 50-day moving average (MA) of $48.36, as well as support at its 200-day MA of $44.50.

Campbell Soup Co share prices have moved between a 52-week high of $49.56 and a 52-week low of $32.17 and are now trading 50% above that low price at $48.28 per share. The 200-day and 50-day moving averages have moved 0.34% higher and 0.20% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Campbell Soup Co and will alert subscribers who have CPB in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts campbell soup co

Ticker(s): CPB