Share on :

Asset Summary

Weekly Performance Report for CPB ETF: Week 52, 2024

Summary: The Weekly started with CPB ETF opening at $41.42 and closing at $41.64. The ETF showed resilience throughout the Weekly, with the highest price observed at $41.93 and the lowest at $41.16. The underlying asset had a trading range of $0.77 Overall, it was a positive trading Weekly for CPB ETF, reflecting investor optimism and market activity.

Change in Closing Price: There was a net increase of $0.22 or 0.53% in the closing price from the opening to the closing price over the Weekly.

Volume Analysis: Trading volume for CPB ETF was 3,350,827 units during Week 52, indicating active market participation and investor interest.

Opening Price: The Weekly started at $41.42.

Highest Price: The highest price observed during the Weekly was $41.93.

Lowest Price: The lowest price observed during the Weekly was $41.16.

Closing Price: The Weekly ended at $41.64.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

Enhance Your CPB Trading Now

Elevate your trading strategy with RankMyTrade’s sophisticated tools for CPB. Our system integrates cutting-edge technology and expert analysis to support your investment goals. Elevate your trading approach instantly and explore the benefits of advanced trading now!

Get Advanced Analysis Now

Frequently Asked Questions

Major competitors include General Mills, Kraft Heinz, and ConAgra, which also offer a variety of food products.

Investment suitability depends on individual financial goals and market conditions; consider consulting a financial advisor.

Factors include commodity prices, consumer trends, marketing strategies, and overall economic conditions.

As of the latest reports, CPB’s market capitalization is typically in the billions; check current financial resources for exact figures.

Recent developments include product innovations, acquisitions, and shifts in consumer preferences towards healthy eating.

CPB stock performance has been influenced by trends in the food industry, consumer demand, and supply chain factors.

You can purchase shares of CPB through a brokerage account or an online trading platform that supports stock trading.

Risks include commodity price fluctuations, changing consumer preferences, and competitive pressures in the food industry.

Campbell Soup Company regularly announces product innovations and updates through press releases; check their website for details.

You can track performance via financial news apps, brokerage platforms, and stock market analysis tools.

Improve Your CPB Trading Now

Empower your trading with RankMyTrade. Our comprehensive platform delivers precise analysis and strategic insights for CPB, designed to improve your trading outcomes. Elevate your trading approach instantly and unlock new opportunities with our advanced system!

Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.

Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, RankMyTrade and its affiliates are not partners, affiliates, or licensees of these companies.

Supported Assets & ETFs