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Uptrend SupportArchive - 4/26/2024 - Sign In to see current Signals. |
Kellogg Co. (K) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Kellogg Co. (K). During the week, the K climbed 0.35 points, or 0.61%, and closed at 57.73 on Friday, April 26, 2024. Weekly volume was -6% below average. Long-term trend: [See K long-term trend chart] A long-term downtrend had started on October 31, 2022 at 77.17 and reached 47.63 on October 12, 2023. K lost 29.54 points, or 38.28%, in 49 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 33.02 and resistance is at 62.75. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend. Medium-term trend: [See K medium-term trend chart] A medium-term uptrend had started on October 12, 2023 at 47.63 and reached 59.22 on April 25, 2024. K gained -11.59 points, or -24.33%, in 28 weeks. The price is now at the 12.86% retracement level. 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. 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 December 1, 2023. This is an indication that the medium-term trend is up. 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 April 25, 2024 at 59.22 and reached 57.71 on April 26, 2024. K lost 1.51 points, or 2.55%, in 1 days. Price is near the trend low. 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.
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