KELLANOVA (K) Stock Technical Analysis
USA - NYSE:K - US4878361082 - Common Stock
83.02 USD
+0.04 (+0.05%)
83.02 USD
0 (0%)
Overall K gets a technical rating of 8 out of 10. Although K is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
K is part of the Food Products industry. There are 87 other stocks in this industry. K outperforms 77% of them.
K is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month K has a been trading in the 76.76 - 83.11 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
K has an average volume of 2937990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, K turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
Although K has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
76.19
83.92
When analyzing the support we notice one important area.
- A support zone ranging from 76.96 to 82.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 83.09 to 83.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for K is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for K is up. |
| ChartMill Relative Strength | 51.76 | NEUTRAL | K is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of K is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of K is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of K is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.31 | OVERBOUGHT | The high RSI value suggests K may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests K has a negative trend. |
| Stochastics (14,3) | 89.53 | OVERBOUGHT | The high Stochastics value suggests K may be overbought. |
| Average True Range in percent/ATR (20) | 0.62 | LOW VOLATILITY | The low ATR as a percentage value for K suggests low volalility. |
| Average Directional Index/ADX (14) | 36.24 | POSITIVE | The high ADX value value for K suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 83.10 | 82.31 | 0.79 (0.95%) | 25.00% |
| An entry @83.10. This is a Buy Stop order right above the resistance zone. | An exit @82.31. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.79 points, which is 0.95%. | For a 0.24% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
83.02
+0.04 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.05%
1 Week0.28%
2 Weeks0.18%
1 Month7.87%
3 Month4%
6 Month0.48%
12 Month2.65%
2 Year64.49%
3 Year8.07%
5 Year32.01%
10 Year17.73%
15 Year65.18%
Volatility
ATR(14)0.21
ATR(20)%0.62%
ATR Inc-35.15%
Range Today0.22
ADR(20)0.33
ADR(20)%0.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.76
3 months CRS61.7
6 months CRS23.99
Mansfield-0.8
10 Day High83.11
10 Day Low82.32
20 Day High83.11
20 Day Low76.76
52 Week High83.22
52 Week Low76.48
CS1 End82.93
CR1 Start83.09
Volume & EV
DER(3)1.67%
DER(5)3.52%
Volume1.25M
Volume Incr-51.02%
Vol(5)1.79M
Vol(50)2.94M