KELLANOVA (K)
US4878361082 - Common Stock
We assign a technical rating of 2 out of 10 to K. In the past year, K was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, K is a bad performer in the overall market: 81% of all stocks are doing better.
K is one of the lesser performing stocks in the Food Products industry. 62% of 92 stocks in the same industry do better.
K is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month K has a been trading in the 51.02 - 54.45 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.
K has an average volume of 2908010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Although the technical rating is bad, K does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 53.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.04, 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
48.12
65.04
When analyzing the support we can see 2 important areas.
- A support zone ranging from 52.81 to 53.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @48.61 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 53.71 to 54.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @60.48 from a trend line in the daily time frame.
- Resistance @64.40 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.59
Mansfield-2.3
10 Day High54.45
10 Day Low51.02
20 Day High54.45
20 Day Low51.02
52 Week High74.72
52 Week Low47.63
Performance
1 Week1.55%
2 Weeks0.43%
1 Month3.27%
3 Month-9.63%
6 Month-20.04%
12 Month-25.77%
2 Year-16.64%
3 Year-13.71%
5 Year-5.81%
10 Year-12.07%
15 Year22.46%
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)
Technical Indicators
MACD(12,26,9)0.18
RSI(14)57.31
LBB51.69
UBB54.34
KELLANOVA
NYSE:K (12/8/2023, 7:04:00 PM)
After market: 53.69 -0.01 (-0.02%)53.7
-0.46 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.85%
1 Week1.55%
2 Weeks0.43%
1 Month3.27%
3 Month-9.63%
6 Month-20.04%
12 Month-25.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.84
ATR(20)%1.57%
ATR Inc
Range Today0.77
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High54.45
10 Day Low51.02
20 Day High54.45
20 Day Low51.02
52 Week High74.72
52 Week Low47.63
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.64M
Volume Incr-17.56%
Vol(5)2.16M
Vol(50)2.91M