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Advanced TA SearchArchive - 5/3/2024 - Sign In to see current Signals. |
Kraft Hein (KHC) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Kraft Hein (KHC). During the week, the KHC dropped -1.81 points, or -4.74%, and closed at 36.35 on Friday, May 3, 2024. Weekly volume was 27% above average. KHC is a member of Consumer Staples Sector. Consumer Staples is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See KHC long-term trend chart] A long-term downtrend had started on May 10, 2022 at 44.87 and reached 30.68 on October 12, 2023. KHC lost 14.19 points, or 31.62%, in 74 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 28.74 and resistance is at 39.29. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend. Medium-term trend: [See KHC medium-term trend chart] A medium-term downtrend had started on January 9, 2023 at 42.80 and reached 30.68 on October 12, 2023. KHC lost 12.12 points, or 28.32%, in 39 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 35.60 and resistance is at 37.27. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend. Weekly Technical Indicators: [See KHC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since March 28, 2024. The distance between MACD and the signal line is low and getting smaller. 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 April 25, 2024 at 38.96 and reached 35.87 on May 1, 2024. KHC lost 3.09 points, or 7.93%, in 6 days. The price is now at the 15.53% retracement level. Daily Technical Indicators: [See KHC daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 link to access Lane's Stochastic help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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 declined below 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. Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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