The Greedy Trader Weekly Analysis
Sign In Nov 16, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
TA Search
Quarterly Pattern:Falling Channel
Number of records: 1
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
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
Kellogg Co.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :
Daily :Bearish Harami CandlestickLane's Stochastic is oversoldPrice is near the Fibonacci 23.6% retracement levelThe Bollinger Bands are historically far apart
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 2.01 points, or 3.19%, and closed at 65.01 on Friday, November 09, 2018. Weekly volume was 33% above average.

Long-term trend: [See K long-term trend chart]
A long-term downtrend had started on July 19, 2016 at 87.16 and reached 56.40 on May 2, 2018. K lost 30.76 points, or 35.29%, in 93 weeks. The price is now at the 27.99% retracement level.

Medium-term trend: [See K medium-term trend chart]
A medium-term downtrend had started on September 17, 2018 at 74.98 and reached 62.55 on November 2, 2018. K lost 12.43 points, or 16.58%, in 6 weeks. The price is now at the 19.79% retracement level.

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

The weekly MACD line is below its signal line since October 5, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.

Short-term trend: [See K short-term trend chart]
A short-term downtrend had started on October 24, 2018 at 72.98 and reached 62.55 on November 2, 2018. K lost 10.43 points, or 14.29%, in 9 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See K daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. 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.

The daily MACD line is below its signal line since October 30, 2018. This is an indication that the short-term trend is down.

The distance between the Bollinger Bands (19.01%) is close to one year high (15.44%). It is 118.28% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. 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.

Candlestick pattern: [See K candlestick chart pattern]
On Friday the chart has formed a Bearish Harami Candlestick pattern. A Bearish Harami pattern occurs in an uptrend. It shows the bulls’ upward drive has weakened and now a trend reversal is possible. The reliability of the Bearish Harami pattern is low. Use the Technical Stock Screener to see the list of stocks that had a Bearish Harami Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.87
Williams' Percentage Range (W%R) 75.60
Lane's Stochastic (%D-Slow) 19.42
Oversold
Greed/Fear Indicator (GFI) 25.88
Moving Average Converg./Diverg. (MACD) -1.33
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.34
Williams' Percentage Range (W%R) 79.60
Lane's Stochastic (%D-Slow) 29.20
Greed/Fear Indicator (GFI) 30.28
Moving Average Converg./Diverg. (MACD) 1.18
Trading Signals
Description Value Chart
Upper Bollinger Band 73.36
50 Day Moving Average 70.16
Parabolic System 68.25
20 Day Moving Average 67.92
Weekly Stochastic Crossing 66.34
Price 65.01
Daily Stochastic Crossing 63.67
Lower Bollinger Band 61.02
Sector and Industry
Description Name Rank
Sector Consumer Goods 6
Industry Food - Major Diversified 66
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 62.55
Low Date 11/02/2018
High 65.66
High Date 11/09/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 72.98
High Date 10/24/2018
Low 62.55
Low Date 11/02/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 74.98
High Date 09/17/2018
Low 62.55
Low Date 11/02/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 56.40
Low Date 05/02/2018
High 74.98
High Date 09/17/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 87.16
High Date 07/19/2016
Low 56.40
Low Date 05/02/2018
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.

Copyright© 2004-2016 All rights reserved.