KELLANOVA (K) Stock Technical Analysis
NYSE:K - New York Stock Exchange, Inc. - US4878361082 - Common Stock - Currency: USD
Overall K gets a technical rating of 4 out of 10. K was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
K is one of the better performing stocks in the Food Products industry, it outperforms 88% of 90 stocks in the same industry.
K is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so K is leading the market.
K has an average volume of 3022600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that K is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month K has a been trading in a tight range between 81.32 and 82.92.
Although the technical rating is only medium, K does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 82.07, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
63.63
83.73
2 important support areas can be observed.
- A support zone ranging from 79.92 to 82.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @64.27 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 82.22 to 82.90. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for K is neutral. |
| ChartMill Relative Strength | 87.81 | POSITIVE | K has a high relative strength, it outperformed 87.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of K is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of K is below a declining 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) | 43.04 | NEUTRAL | The RSI value for K is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests K has a negative trend. |
| Stochastics (14,3) | 58.78 | NEUTRAL | The Stochastics value for K is a neutral value. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for K suggests low volalility. |
| Average Directional Index/ADX (14) | 22.42 | NEUTRAL | The ADX value for K suggests a possible start of a new 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)
82.08
-0.05 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.06%
1 Week-0.06%
2 Weeks-0.56%
1 Month-0.83%
3 Month-0.7%
6 Month1.12%
12 Month34.47%
2 Year22.93%
3 Year17.69%
5 Year25.68%
10 Year30.76%
15 Year53.62%
Volatility
ATR(14)0.36
ATR(20)%0.42%
ATR Inc-16.56%
Range Today0.17
ADR(20)0.34
ADR(20)%0.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.81
Mansfield0.43
10 Day High82.71
10 Day Low81.32
20 Day High82.92
20 Day Low81.32
52 Week High83.22
52 Week Low55.96
CS1 End82.07
CR1 Start82.22
Volume & EV
DER(3)-2.88%
DER(5)-3.31%
Volume2.12M
Volume Incr9.87%
Vol(5)3.43M
Vol(50)3.02M