The Greedy Trader Weekly Analysis
Sign In May 18, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
TA Search
Quarterly Pattern:Falling Channel
Number of records: 9
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 :Oversold sectorLane's Stochastic is oversoldRelative Strength Index and Lane's Stochastic bullish divergence
Daily :Lane's Stochastic is overboughtDaily  MACD line has moved above its signal lineThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week after 5 consecutive negative weeks for the Kellogg Co. (K). During the week, the K gained 1.59 points, or 2.66%, and closed at 61.39 on Friday, May 11, 2018. It was the best weekly gain since March 29, 2018. Weekly volume was -14% below average.

K is a member of Consumer Goods Sector. Consumer Goods is the 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 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 16.22% retracement level.

Medium-term trend: [See K medium-term trend chart]
A medium-term downtrend had started on March 12, 2018 at 71.08 and reached 56.40 on May 2, 2018. K lost 14.68 points, or 20.65%, in 7 weeks. The price is now at the 33.99% retracement level.

Weekly Technical Indicators: [See K weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Weekly Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 Relative Strength Index help.

The weekly MACD line is below its signal line since March 23, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 May 2, 2018 at 56.40 and reached 61.70 on May 11, 2018. K gained -5.30 points, or -9.40%, in 9 days. The price is now at the 5.85% retracement level.

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

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 54.24
Williams' Percentage Range (W%R) 40.20
Lane's Stochastic (%D-Slow) 87.83
Overbought
Greed/Fear Indicator (GFI) 67.27
Moving Average Converg./Diverg. (MACD) -1.28
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.85
Bullish
Williams' Percentage Range (W%R) 67.60
Lane's Stochastic (%D-Slow) 13.60
Oversold Bullish
Greed/Fear Indicator (GFI) 29.61
Moving Average Converg./Diverg. (MACD) -0.77
Trading Signals
Description Value Chart
Upper Bollinger Band 64.40
50 Day Moving Average 63.74
Price 61.39
Daily Stochastic Crossing 61.14
20 Day Moving Average 60.58
Parabolic System 58.98
Weekly Stochastic Crossing 58.02
Lower Bollinger Band 57.40
Sector and Industry
Description Name Rank
Sector Consumer Goods 1
Industry Food - Major Diversified 52
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 56.40
Low Date 05/02/2018
High 61.70
High Date 05/11/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 56.40
Low Date 05/02/2018
High 61.70
High Date 05/11/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 56.40
Low Date 05/02/2018
High 61.70
High Date 05/11/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 71.08
High Date 03/12/2018
Low 56.40
Low Date 05/02/2018
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.