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Next Resistance Level for Conagra Brands I (CAG) is $37.72

By David Diaz

Shares of Conagra Brands I (NYSE:CAG) opened today above their pivot of $37.14 and have already reached the first level of resistance at $37.46. Analysts will be watching for a cross of the next upside pivot targets of $37.72 and $38.29.

Conagra Brands I (NYSE:CAG) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $41.73. The stock should run into initial resistance at its 200-day moving average (MA) of $42.19 and subsequent resistance at its 50-day MA of $44.30.

Conagra Brands I share prices have moved between a 52-week high of $41.68 and the current low of $0.00 and are currently at $0.00 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

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: pivot alerts conagra brands i

Ticker(s): CAG