ConAgra's most recent trend suggests a bullish bias. One trading opportunity on ConAgra is a Bull Put Spread using a strike $44.00 short put and a strike $39.00 long put offers a potential 7.53% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $44.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $39.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for ConAgra is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for ConAgra is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for ConAgra
S&P Puts ConAgra On Review On Private Label Sale
Wed, 01 Jul 2015 19:49:00 GMT
Bank Of America Upgrades ConAgra, Sees Door Open For ‘Other' Strategic Options
Wed, 01 Jul 2015 15:00:57 GMT
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Wed, 01 Jul 2015 14:10:57 GMT
Treehouse Foods (THS) in Focus: Stock Moves 9.3% Higher – Tale of the Tape
Wed, 01 Jul 2015 12:37:12 GMT
ConAgra Is Overbought and Needs a Healthy Pullback
Wed, 01 Jul 2015 12:00:00 GMT
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