Kellanova (K) Technical Analysis
NYSE:K • US4878361082
Current stock price
K Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to K. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- K is one of the better performing stocks in the Food Products industry, it outperforms 70% of 87 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 3364910 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 55% of all stocks.
- In the last month K has a been trading in a tight range between 83.05 and 83.65.
- Volume is considerably higher in the last couple of days.
K Weekly and Daily overview Charts
K Setup Rating and Analysis
K has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 83.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 83.36, a Stop Loss order could be placed below this zone.
More info and screens
K Support and Resistance Analysis
76.19
We found 3 important support areas.
- A support zone ranging from 81.38 to 83.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @80.00 from a horizontal line in the daily time frame.
- A support zone ranging from 76.96 to 78.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 83.64 to 83.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
K Technical Indicator Signal Analysis
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 | 55.97 | 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) | 60.52 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 65.56 | NEUTRAL | The Stochastics value for K is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for K suggests low volalility. |
| Average Directional Index/ADX (14) | 20.87 | NEUTRAL | The ADX value for K suggests a possible start of a new trend. |
K Chart- and CandleStick Pattern Analysis
K Example Setup
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 |
|---|---|---|---|
| 83.66 | 83.04 | 0.62 (0.74%) | 25.00% |
| An entry @83.66. This is a Buy Stop order right above the 10 day high. | An exit @83.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.62 points, which is 0.74%. | For a 0.19% 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.
K Technicals: Chart, Performance Metrics, Trend & Indicators
83.44
-0.01 (-0.01%)
Kellanova / K TA FAQ
What is the technical rating for K stock?
ChartMill assigns a technical rating of 7 / 10 to K.
Can you provide the trend direction for Kellanova?
The current trend direction for Kellanova (K) is Bullish.
Can you provide the RSI signal for Kellanova?
Kellanova (K) has an RSI value of 60.5233. This indicates that the stock is currently neutral.
What is the MACD signal for K stock?
The MACD indicator for Kellanova (K) has a value of -0.044162, indicating a bearish trend.
Can you provide the buy/sell signal for Kellanova?
The buy/sell signal for Kellanova (K) is buy as both the short term and long term trends are positive.