Kellanova (K) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:K • US4878361082
Taking everything into account, K scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, K is only an average performer.
- 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 70% 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.
- 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 compared to the yearly performance of all other stocks, K outperforms 55% of them, which is more or less in line with the market.
- 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.
Besides having an excellent technical rating, K 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
76.19
3 important support areas can be observed.
- 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.
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. |
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 worst case loss on the trade is limited to 0.62 points, which is 0.74%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.19%. |
- 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.
83.44
-0.01 (-0.01%)
Kellanova / K FAQ
What is the technical rating for K stock?
ChartMill assigns a technical rating of 7 / 10 to K.
What is the trend direction for K stock?
The current trend direction for Kellanova (K) is Bullish.
What is the RSI signal for Kellanova (K) stock?
Kellanova (K) has an RSI value of 60.5233. This indicates that the stock is currently neutral.
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.
What is the support and resistance level for K stock?
Kellanova (K) has a support level at 83.36 and a resistance level at 83.64. Check the full technical report for our detailed analysis of K support and resistance levels.