ConAgra's most recent trend suggests a bearish bias. One trading opportunity on ConAgra is a Bear Call Spread using a strike $31.00 short call and a strike $36.00 long call offers a potential 7.53% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $31.00 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 rose above the $36.00 long call 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for ConAgra
4:05 pm ConAgra voluntarily recalls 5200 cases of mislabeled Healthy Choice Chicken with Rice microwaveable bowl soup that may contain Healthy Choice Chicken Noodle Soup
Wed, 05 Feb 2014 00:13:59 GMT
Briefing.com – 4:05 pm ConAgra voluntarily recalls 5200 cases of mislabeled Healthy Choice Chicken with Rice microwaveable bowl soup that may contain Healthy Choice Chicken Noodle Soup
Final Glance: Food companies
Tue, 04 Feb 2014 23:06:24 GMT
Final Glance: Food companies
Tue, 04 Feb 2014 23:06:24 GMT
AP – Shares of some top food companies were mixed at the close of trading: ConAgra Foods Inc. rose $.12 or .4 percent, to $30.82. General Mills Inc. rose $.23 or .5 percent, to $47.09. Hormel Foods Corp. fell …
Pennsylvania Firm Voluntarily Recalls Mislabeled Healthy Choice Chicken with Rice Microwaveable Bowl Soup That May Contain Healthy Choice Chicken Noodle Soup
Tue, 04 Feb 2014 21:01:00 GMT
Business Wire – A ConAgra Foods Milton, Pennsylvania establishment, is voluntarily recalling approximately 5,200 cases of Healthy Choice Chicken with Rice Microwaveable Bowl Soup that may contain
Will Archer Daniels (ADM) Beat Earnings this Season?
Mon, 03 Feb 2014 14:50:05 GMT
Zacks – Archer Daniels Midland Company is scheduled to report its fourth-quarter and full-year 2013 results before the market opens on Feb 4.
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