The Greedy Trader Weekly Analysis
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Quarterly Pattern:Falling Channel
Number of records: 10
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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
Kellogg Co.
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Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are overboughtStochastic has declined below the signal lineLane's Stochastic and MACD bearish divergence
Daily :Price is near the Fibonacci 23.6% retracement level
Move cursor over the icon to see details.

It was the negative week for the Kellogg Co. (K). During the week, the K dropped -0.77 points, or -1.07%, and closed at 71.38 on Friday, August 10, 2018. Weekly volume was -48% below 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 48.70% retracement level.

Medium-term trend: [See K medium-term trend chart]
A medium-term uptrend had started on May 2, 2018 at 56.40 and reached 73.24 on August 3, 2018. K gained -16.84 points, or -29.86%, in 13 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 67.59 and resistance is at 74.28. A Rising 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 Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See K weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish 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 Williams' Percentage Range help.

The weekly MACD line is above its signal line since June 8, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend 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 downtrend had started on August 3, 2018 at 73.24 and reached 70.83 on August 10, 2018. K lost 2.41 points, or 3.29%, in 7 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 technical indicators are neutral.

The daily MACD line is below its signal line since July 11, 2018. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.69
Williams' Percentage Range (W%R) 33.50
Lane's Stochastic (%D-Slow) 73.92
Greed/Fear Indicator (GFI) 66.71
Moving Average Converg./Diverg. (MACD) 0.79
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 76.54
Williams' Percentage Range (W%R) 12.80
Overbought
Lane's Stochastic (%D-Slow) 85.48
Overbought Bearish
Greed/Fear Indicator (GFI) 78.23
Moving Average Converg./Diverg. (MACD) 0.50 Bearish
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 74.28
Upper Bollinger Band 72.47
Weekly Stochastic Crossing 72.07
Daily Stochastic Crossing 71.40
Price 71.38
20 Day Moving Average 70.74
Parabolic System 70.16
Lower Bollinger Band 68.95
50 Day Moving Average 68.84
Quarterly Trendline Support 67.59
Sector and Industry
Description Name Rank
Sector Consumer Goods 4
Industry Food - Major Diversified 116
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 73.24
High Date 08/03/2018
Low 70.83
Low Date 08/10/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 73.24
High Date 08/03/2018
Low 70.83
Low Date 08/10/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 66.79
Low Date 08/02/2018
High 73.24
High Date 08/03/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 74.28
Support 67.59
Low 56.40
Low Date 05/02/2018
High 73.24
High Date 08/03/2018
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.

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