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Watch for Shares of Campbell Soup Co (CPB) to Approach Resistance at $44.48

By Nick Russo

Campbell Soup Co (NYSE:CPB) has opened bullishly above the pivot of $43.78 today and has reached the first level of resistance at $44.21. Investors may be interested in a cross of the next upside pivot targets of $44.48 and $45.18.

Potential upside of 0.0% exists for Campbell Soup Co, based on a current level of $0.00 and analysts' average consensus price target of $48.67. Campbell Soup Co shares should first meet resistance at the 200-day moving average (MA) of $54.52 and find additional resistance at the 50-day MA of $62.85.

In the past 52 weeks, Campbell Soup Co share prices have been bracketed by a current low of $0.00 and a high of $67.89 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Campbell Soup Co on January 10th, 2018 by issuing a Downtrend alert when the shares were trading at $46.28. Since that call, shares of Campbell Soup Co have fallen 5.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: pivot alerts campbell soup co

Ticker(s): CPB