|
Advanced TA SearchArchive - 4/19/2024 - Sign In to see current Signals. |
Kellogg Co. (K) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Kellogg Co. (K). During the week, the K gained 1.96 points, or 3.54%, and closed at 57.38 on Friday, April 19, 2024. Weekly volume was -24% below average. Long-term trend: [See K long-term trend chart] A long-term downtrend had started on October 31, 2022 at 77.17 and reached 47.63 on October 12, 2023. K lost 29.54 points, or 38.28%, in 49 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 33.57 and resistance is at 62.95. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend. Medium-term trend: [See K medium-term trend chart] A medium-term uptrend had started on October 12, 2023 at 47.63 and reached 58.23 on January 3, 2024. K gained -10.60 points, or -22.25%, in 11 weeks. The price is now at the 8.02% retracement level. Weekly Technical Indicators: [See K weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since December 1, 2023. This is an indication that the medium-term trend is up. Use the following link to access a MACD help. Short-term trend: [See K short-term trend chart] A short-term uptrend had started on April 16, 2024 at 55.01 and reached 57.66 on April 19, 2024. K gained -2.65 points, or -4.82%, in 3 days. The price is now at the 10.57% retracement level. Daily Technical Indicators: [See K daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since April 10, 2024. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|