Conagra Brands (CAG) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for CAG · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$15.00last close · Aug 4, 202652-week range $12.53 – $20.32 · 26.18% below the high

CAG Falling Wedge Pattern

CAG is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 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 $12.75 (−5.8%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; CAG's own falling wedges have hit 50.0%.

DirectionBearishTarget$12.75Projected move−5.8%Breakout level$13.57

New to this pattern? What a falling wedge is and how to trade it →

CAG's Most Recent Falling Wedge Trade

CAG's most recent completed falling wedge (which broke against type) resolved as a win: it broke down on May 21, 2026 near $13.50, then reached its target at $12.75 on Jun 3, 2026 — a +0.71R move (5.5%) over 8 sessions. Across 149 backtested falling wedges, this setup wins 49.0% of the time.

OutcomeWinResult+0.71REntry$13.50Exit$12.75

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
CAG win rate
50.0%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

CAG Pattern Trade History

Every completed pattern trade our nightly backtest found on CAG's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeMay 21, 2026 @ $13.50Jun 3, 2026 @ $12.75Win+0.71R
TriangleOct 29, 2025 @ $18.00Nov 6, 2025 @ $16.84Win+1.17R
TriangleSep 19, 2025 @ $18.59Oct 30, 2025 @ $17.28Win+1.30R
Falling WedgeMay 19, 2025 @ $22.92May 22, 2025 @ $22.31Loss-1.13R
Falling WedgeMay 2, 2025 @ $23.71Jun 16, 2025 @ $21.35Win+0.90R
Falling WedgeApr 25, 2025 @ $24.74May 13, 2025 @ $22.74Win+1.25R
TriangleApr 8, 2025 @ $25.71May 7, 2025 @ $23.03Win+1.36R
TriangleJan 8, 2025 @ $26.45Feb 18, 2025 @ $23.79Win+1.60R
TriangleDec 18, 2024 @ $27.41Feb 4, 2025 @ $24.91Win+2.67R
Falling WedgeJul 15, 2024 @ $28.68Aug 5, 2024 @ $30.01Win+1.10R
TriangleMay 22, 2024 @ $30.43Jun 12, 2024 @ $28.67Win+2.11R
Rising WedgeMay 6, 2024 @ $30.57Jun 13, 2024 @ $28.49Win+1.67R

CAG Support and Resistance Levels

Price found a floor near $12.22 about 6 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $35.14 — still about 134% away.

  • Traders commonly watch $35.14 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $12.22 floor about 6 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $12.96, resistance near $16.80. These are chart/swing-derived levels, not formula pivots.

Resistance
$16.80$16.85$20.37
Support
$12.96$12.76$12.74$12.71$12.66$12.50

CAG Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$14.69$15.05$14.65$15.00
Aug 3, 2026$14.54$14.98$14.54$14.91
Jul 31, 2026$14.84$14.91$14.49$14.51
Jul 30, 2026$14.99$15.09$14.75$15.03
Jul 29, 2026$15.34$15.70$15.34$15.50
Jul 28, 2026$15.41$15.68$15.23$15.43
Jul 27, 2026$14.85$15.34$14.80$15.24
Jul 24, 2026$14.46$14.81$14.46$14.77
Jul 23, 2026$14.70$14.83$14.19$14.37
Jul 22, 2026$15.17$15.35$14.64$14.83

CAG Frequently Asked Questions

What chart pattern is CAG forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Conagra Brands (CAG) on the daily chart, with a measured-move target of $12.75.
Is a falling wedge bullish or bearish?
The falling wedge detected on CAG is a bearish pattern, projecting a measured-move target of $12.75. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for CAG?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), CAG's nearest support is around $12.96 and nearest resistance around $16.80.
What is the price target if CAG's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $12.75 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CAG's closing price on Aug 4, 2026?
Conagra Brands (CAG) last closed at $15.00 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.