Conagra Brands(CAG)
Auto-detected technical analysis for CAG · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
CAG is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.
A falling wedge usually breaks higher, but CAG is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $12.76 (−5.9%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; CAG's own falling wedges have hit 50.0%.
New to this pattern? What a falling wedge is and how to trade it →
CAG's most recent completed falling wedge (which broke against type) resolved as a win: it broke down on May 21, 2026 near $13.52, then reached its target at $12.76 on Jun 2, 2026 — a 5.6% move (+0.73R) over 7 sessions. Across 126 backtested falling wedges, this setup wins 50.0% of the time.
Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.
Every completed pattern trade our nightly backtest found on CAG's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling Wedge | May 21, 2026 @ $13.52 | Jun 2, 2026 @ $12.76 | Win | +5.9% · +0.73R |
| Falling Wedge | May 7, 2026 @ $14.09 | May 11, 2026 @ $13.93 | Loss | +7.5% · -3.01R |
| Triangle | Oct 29, 2025 @ $18.00 | Nov 6, 2025 @ $16.84 | Win | +7.2% · +1.17R |
| Triangle | Sep 19, 2025 @ $18.59 | Oct 30, 2025 @ $17.28 | Win | +7.6% · +1.30R |
| Falling Wedge | May 19, 2025 @ $22.92 | May 22, 2025 @ $22.31 | Loss | +9.5% · -1.13R |
| Falling Wedge | May 2, 2025 @ $23.71 | Jun 16, 2025 @ $21.30 | Win | +9.9% · +0.92R |
| Falling Wedge | Apr 24, 2025 @ $24.84 | Jun 13, 2025 @ $21.78 | Win | +12.6% · +2.04R |
| Triangle | Apr 8, 2025 @ $25.71 | May 7, 2025 @ $23.03 | Win | +11.0% · +1.36R |
| Triangle | Jan 8, 2025 @ $26.45 | Feb 18, 2025 @ $23.80 | Win | +10.5% · +1.60R |
| Triangle | Dec 18, 2024 @ $27.41 | Feb 4, 2025 @ $24.91 | Win | +9.9% · +2.67R |
| Falling Wedge | Jul 15, 2024 @ $28.68 | Aug 5, 2024 @ $30.01 | Win | +4.9% · +1.10R |
| Rising Wedge | May 6, 2024 @ $30.57 | Jun 13, 2024 @ $28.49 | Win | +7.6% · +1.67R |
Price found a floor near $12.27 about 4 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $42.03 — still about 183% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $15.17 | $15.35 | $14.64 | $14.83 |
| Jul 21, 2026 | $14.43 | $15.01 | $14.39 | $14.85 |
| Jul 20, 2026 | $14.28 | $14.70 | $14.01 | $14.64 |
| Jul 17, 2026 | $14.70 | $14.87 | $14.23 | $14.28 |
| Jul 16, 2026 | $14.23 | $14.60 | $14.01 | $14.47 |
| Jul 15, 2026 | $13.69 | $14.44 | $13.57 | $14.09 |
| Jul 14, 2026 | $14.20 | $14.30 | $14.04 | $14.15 |
| Jul 13, 2026 | $14.00 | $14.56 | $13.98 | $14.33 |
| Jul 10, 2026 | $13.46 | $13.89 | $13.38 | $13.83 |
| Jul 9, 2026 | $13.58 | $13.69 | $13.34 | $13.37 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.