SmarTrend identified an Uptrend for ConAgra Foods (NYSE:CAG) on November 13, 2009 at $22.31. In approximately 4 months, ConAgra Foods has returned 13.4% as of today's recent price of $25.29.
ConAgra Foods is currently above its 50-day moving average of $23.52 and above its 200-day moving average of $21.34. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ConAgra Foods shares.
Keywords: Stock research report chart fundamental technical analysis
Ticker(s): CAG