Campbell Soup CPB Investment Analysis

Source: Stock Traders Daily

Longer Term Trading Plans for CPB
  • Buy CPB over 46.02 target n/a stop loss @ 45.89. Details
  • The technical summary data tells us to buy CPB near 46.02, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 45.89 to protect against excessive loss in case the stock begins to move against the trade. 46.02 is the first level of support below 50.55, and by rule, any test of support is a buy signal. In this case, if support 46.02 is being tested, a buy signal would exist.

  • NONE . Details
  • NONE .
    There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for CPB
  • Buy CPB over 50.58, target n/a, Stop Loss @ 50.43 Details
  • If 50.58 begins to break higher, the technical summary data tells us to buy CPB just over 50.58, with an upside target of n/a. The data also tells us to set a stop loss @ 50.43 in case the stock turns against the trade. 50.58 is the first level of resistance above 50.55, and by rule, any break above resistance is a buy signal. In this case, 50.58, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short CPB near 50.58, target 48.55, Stop Loss @ 50.73. Details
  • The technical summary data is suggesting a short of CPB if it tests 50.58 with a downside target of 48.55. We should have a stop loss in place at 50.73 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 50.58, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for CPB
  • Buy CPB over 50.59, target 51.75, Stop Loss @ 50.47 Details
  • If 50.59 begins to break higher, the technical summary data tells us to buy CPB just over 50.59, with an upside target of 51.75. The data also tells us to set a stop loss @ 50.47 in case the stock turns against the trade. 50.59 is the first level of resistance above 50.55, and by rule, any break above resistance is a buy signal. In this case, 50.59, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short CPB near 50.59, target 48.55, Stop Loss @ 50.71. Details
  • The technical summary data is suggesting a short of CPB if it tests 50.59 with a downside target of 48.55. We should have a stop loss in place at 50.71 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 50.59, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

CPB Technical Summary | Raw Data for the Trading Plans

Term →Near Mid Long
Bias Strong Strong Neutral
P1 0 0 39.55
P2 50.59 48.55 42.69
P3 51.75 50.58 46.02

CPB Long Term Analysis for May 15 2022


CPB Swing Trading Analysis for May 15 2022


CPB Day Trading Analysis for May 15 2022

With an objective approach to Campbell Soup (NYSE: CPB), Stock Traders Daily attempts to go with the flow of the market by utilizing a combination of market analysis and stock analysis.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for CPB change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if CPB is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for CPB too.  All of these are offered below the Summary Table.

Graph of Evitar Corte vs. S&P 500

AD