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Quarterly Pattern:Falling Channel
Number of records: 8
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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
- 2/9/2018
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Kellogg Co.
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Summary:
Weekly :Broken trend resistance line
Daily :20 Day Moving Average has crossed below the 50 Day Moving AverageThe price has risen above the Parabolic SARThe 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 for the Kellogg Co. (K). During the week, the K gained 1.88 points, or 2.87%, and closed at 67.33 on Friday, February 09, 2018. Weekly volume was 83% above average.

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 57.74 and resistance is at 92.44. 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 downtrend resistance line (50.88) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line 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 downtrend had started on January 8, 2018 at 69.21 and reached 62.96 on February 6, 2018. K lost 6.25 points, or 9.03%, in 29 days. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 62.64 and resistance is at 68.87. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge 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 below its signal line since February 1, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 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.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.66
Williams' Percentage Range (W%R) 39.30
Lane's Stochastic (%D-Slow) 36.34
Greed/Fear Indicator (GFI) 49.22
Moving Average Converg./Diverg. (MACD) -0.13
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.28
Williams' Percentage Range (W%R) 25.00
Lane's Stochastic (%D-Slow) 61.61
Greed/Fear Indicator (GFI) 63.67
Moving Average Converg./Diverg. (MACD) -0.69
Trading Signals
Description Value Chart
Upper Bollinger Band 69.22
Weekly Trendline Resistance 68.87
Monthly Trendline Resistance 68.87
Price 67.33
50 Day Moving Average 66.94
Monthly Trendline Support 66.86
20 Day Moving Average 66.58
Weekly Stochastic Crossing 66.42
Daily Stochastic Crossing 65.67
Lower Bollinger Band 63.94
Parabolic System 62.90
Weekly Trendline Support 62.64
Quarterly Trendline Resistance 62.33
Yearly Trendline Support 57.74
Sector and Industry
Description Name Rank
Sector Consumer Goods 3
Industry Food - Major Diversified 77
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 68.96
High Date 02/01/2018
Low 62.96
Low Date 02/06/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Right-Angled, Descending Wedge
Status Valid
Resistance 68.87
Support 62.64
High 69.21
High Date 01/08/2018
Low 62.96
Low Date 02/06/2018
Description Value
Direction Up
Chart Pattern Rising Pennant
Status Valid
Resistance 68.87
Support 66.86
Low 58.76
Low Date 10/30/2017
High 69.21
High Date 01/08/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 62.33
Support 50.88
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 92.44
Support 57.74
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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