(CPB) Long-Term Investment Analysis

December 1, 2024, 12:22 AM ET, BY Jake B. – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for CPB

• Buy CPB near 45.57 and target a stop loss of 48.46 at 45.44 Details

The technical summary data tells us to buy CPB near 45.57 with an upside target of 48.46. This data also tells us to set a stop loss at 45.44 to protect ourselves from excessive losses in case the stock starts moving against the trade. 45.57 is the first level of support below 46.2 and basically any test of support is a buy signal. In this case the support 45.57 would be tested, so a buy signal would be present.

• Short CPB just below 48.46, target 45.57, stop loss at 48.6 Details

The technical summary data suggests a undershoot for the CPB as it approaches the 48.46 level, with a downside target of 45.57. However, we should have a stop loss at 48.6. 48.46 is the first resistance level above 46.2 and basically any test of resistance is a short signal. In this case, if the resistance 48.46 is tested, a short signal is present.

Swing trading plans for CPB

• Buy CPB just above 47.05, target 48.46, stop loss at 46.91 Details

If 47.05 starts to break out higher, the summary technicals tell us to buy CPB just above 47.05 with an upside target of 48.46. The data also tells us to set a stop loss at 46.91 in case the stock turns against the trade. 47.05 is the first resistance level above 46.2, and basically any break above resistance is a buy signal. In this case, 47.05, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short CPB slightly near 47.05, target 45.57, stop loss at 47.19. Details

Technical summary data suggests CPB will fall below if it tests 47.05, with a downside target of 45.57. However, we should have a stop loss at 47.19 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 47.05 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Day Trading Plans for CPB

• Buy CPB just above 46.41, target 47.05, stop loss at 46.3 Details

If 46.41 starts to break out higher, the summary technicals tell us to buy CPB just above 46.41 with an upside target of 47.05. The data also tells us to set a stop loss at 46.3 in case the stock turns against the trade. 46.41 is the first resistance level above 46.2, and basically any break above resistance is a buy signal. In this case, 46.41, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short CPB slightly near 46.41, target 45.57, stop loss at 46.52. Details

Technical summary data suggests CPB will fall below if it tests 46.41, with a downside target of 45.57. However, we should have a stop loss at 46.52 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if the resistance 46.41 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Check the timestamp of this data. Updated AI generated signals for Campbell Soup Company (CPB) available here: CPB.

CPB ratings for December 1st:

AI generated signals for CPB

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Technically, Campbell Soup Company (NYSE:CPB) offers opportunities for traders who watch how the stock price fluctuates over time.

Warning:

This is a static report. The following data was valid at the time of 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.

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Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when CPB tests support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or sell, and support would accordingly be the downside target. In any case, the trigger point serves as both an ideal place to enter a position (avoid trading in the middle of a trading channel) and a risk control layer.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to distinguish trading plans for day trading, swing trading and long-term investment plans also for CPB. All of this is offered below the overview table.