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- 12/13/2024 -
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Kraft Hein (KHC) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are oversoldStochastic has raised above the signal line
Daily :The price is close to the moving average in the center of the Bollinger Bands
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It was a first positive week for the Kraft Hein (KHC). During the week, the KHC gained 0.88 points, or 2.86%, and closed at 31.69 on Friday, December 13, 2024. It was the best weekly gain since August 23, 2024. Weekly volume was 29% above average.

Long-term trend: [See KHC long-term trend chart]
A long-term downtrend had started on May 10, 2022 at 44.87 and reached 30.40 on November 15, 2024. KHC lost 14.47 points, or 32.25%, in 131 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 28.36 and resistance is at 37.02. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.

Medium-term trend: [See KHC medium-term trend chart]
A medium-term downtrend had started on September 5, 2024 at 36.53 and reached 30.40 on November 15, 2024. KHC lost 6.13 points, or 16.78%, in 10 weeks. The price is now at the 21.04% retracement level.

Weekly Technical Indicators: [See KHC weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since November 1, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See KHC short-term trend chart]
A short-term downtrend had started on October 21, 2024 at 36.31 and reached 30.40 on November 15, 2024. KHC lost 5.91 points, or 16.28%, in 25 days. The chart has formed a Symmetric Triangle chart pattern.

Daily Technical Indicators: [See KHC daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since November 22, 2024.

The price is close to 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.15
Williams' Percentage Range (W%R) 46.40
Lane's Stochastic (%D-Slow) 56.78
Greed/Fear Indicator (GFI) 52.84
Moving Average Converg./Diverg. (MACD) -0.55
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.49
Williams' Percentage Range (W%R) 81.70
Oversold
Lane's Stochastic (%D-Slow) 14.57
Oversold
Greed/Fear Indicator (GFI) 24.27
Moving Average Converg./Diverg. (MACD) -0.47
Trading Signals
Description Value Chart
Yearly Trendline Resistance 37.02
50 Day Moving Average 33.14
Upper Bollinger Band 32.63
Parabolic System 32.05
Price 31.69
Daily Stochastic Crossing 31.56
Weekly Stochastic Crossing 31.41
20 Day Moving Average 31.41
Lower Bollinger Band 30.89
Yearly Trendline Support 28.36
Sector and Industry
Description Name Rank
Sector Consumer Staples 4
Industry Packaged Foods & Meats 36
Daily Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
High 36.31
High Date 10/21/2024
Low 30.40
Low Date 11/15/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 36.53
High Date 09/05/2024
Low 30.40
Low Date 11/15/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 38.96
High Date 04/25/2024
Low 30.40
Low Date 11/15/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 42.80
High Date 01/09/2023
Low 30.40
Low Date 11/15/2024
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 37.02
Support 28.36
High 44.87
High Date 05/10/2022
Low 30.40
Low Date 11/15/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.