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Quarterly Pattern:Falling Channel
Number of records: 7
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Channeling Stock - rising channel and falling channel.
Stock channeling technique is one of the most efficient and widely used trading technique. Price channel represents price movement bound by parallel lower (support) and upper (resistance) trend lines. Channels with rising trend lines (rising channel) are considered bullish and the falling channel is considered as bearish . Channels are continuation formations as far as support and resistance are not broken.
Trading technique:
# 1
Buy channeling stock on support and sell on resistance.
# 2 For bullish channel: sell channeling stock when price breakes the stock channeling support line. For bearish channel: buy channeling stock when price breaks the resistance line.
Tips:
# 1 For the best results, stock channeling should be considered together with other technical analysis signals and technical trading techniques.
Estimated Target: the main trend support/resistance line.
channeling stock,stock channeling,rising channel,falling channel,Price Channel
Archive
- 12/1/2017
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Kellogg Co.
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Summary:
Weekly :Oversold sector
Daily :The price has fallen below the Parabolic SAR
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 1.06 points, or 1.63%, and closed at 65.99 on Friday, December 01, 2017. Weekly volume was 25% above average.

K is a member of Consumer Goods Sector. Consumer Goods is the second most oversold 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 K long-term trend chart]
A long-term uptrend had started on February 11, 2000 at 20.75 and reached 87.16 on July 19, 2016. K gained -66.41 points, or -320.05%, in 857 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 57.36 and resistance is at 91.78. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See K medium-term trend chart]
A medium-term downtrend had started on July 19, 2016 at 87.16 and reached 58.76 on October 30, 2017. K lost 28.40 points, or 32.58%, in 66 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 61.71 and resistance is at 69.91. 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 medium-term trend.

Weekly Technical Indicators: [See K weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since November 17, 2017. 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 October 30, 2017 at 58.76 and reached 67.74 on November 29, 2017. K gained -8.98 points, or -15.28%, in 30 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 65.54 and resistance is at 69.24. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.

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

The daily MACD line is above its signal line since October 30, 2017. This is an indication that the short-term trend is up.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.39
Williams' Percentage Range (W%R) 22.60
Lane's Stochastic (%D-Slow) 68.10
Greed/Fear Indicator (GFI) 67.30
Moving Average Converg./Diverg. (MACD) 0.74
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.72
Williams' Percentage Range (W%R) 43.70
Lane's Stochastic (%D-Slow) 54.36
Greed/Fear Indicator (GFI) 52.85
Moving Average Converg./Diverg. (MACD) -2.21
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 69.91
Weekly Trendline Resistance 69.24
Upper Bollinger Band 68.01
Parabolic System 67.81
Daily Stochastic Crossing 66.60
Price 65.99
Weekly Trendline Support 65.54
Weekly Stochastic Crossing 64.34
20 Day Moving Average 64.33
50 Day Moving Average 62.91
Quarterly Trendline Support 61.71
Lower Bollinger Band 61.14
Yearly Trendline Support 57.36
Sector and Industry
Description Name Rank
Sector Consumer Goods 2
Industry Food - Major Diversified 52
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 67.74
High Date 11/29/2017
Low 65.09
Low Date 12/01/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 69.24
Support 65.54
Low 58.76
Low Date 10/30/2017
High 67.74
High Date 11/29/2017
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 76.69
High Date 02/09/2017
Low 58.76
Low Date 10/30/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 69.91
Support 61.71
High 87.16
High Date 07/19/2016
Low 58.76
Low Date 10/30/2017
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 91.78
Support 57.36
Low 20.75
Low Date 02/11/2000
High 87.16
High Date 07/19/2016
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.

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