Campbell Soup Company (CPB) Stock: What Does the Chart Say Wednesday?

Overall market sentiment has been down on Campbell Soup Company (CPB) stock lately. CPB receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Campbell Soup Company has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CPB!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With CPB Stock Today?

Campbell Soup Company (CPB) stock is lower by -1.11% while the S&P 500 is up 0.08% as of 3:05 PM on Wednesday, Nov 29. CPB has fallen -$0.45 from the previous closing price of $40.44 on volume of 1,377,862 shares. Over the past year the S&P 500 is higher by 15.00% while CPB has fallen -24.43%. CPB earned $2.85 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 14.02.

More About Campbell Soup Company

At Campbell Soup Company were proud of our rich history as the makers of the foods and beverages you know and love. It inspires our purpose: Connecting people through food they love. Founded in 1869 today we are a focused brand powerhouse with two divisions: Meals & Beverages and Snacks. As a purpose-driven company we play an integral role in society from the food we make and the ways we make it to our longstanding commitment to the communities we call home and the environment. Click Here to get the full Stock Report for Campbell Soup Company stock.