WK KELLOGG CO (KLG) Stock Technical Analysis
USA - NYSE:KLG - US92942W1071 - Common Stock
23 USD
0 (0%)
23 USD
0 (0%)
We assign a technical rating of 7 out of 10 to KLG. In the last year, KLG was one of the better performers, but we do observe some doubts in the very recent evolution.
The long and short term trends are both positive. This is looking good!
KLG is one of the better performing stocks in the Food Products industry, it outperforms 91% of 87 stocks in the same industry.
KLG 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.
KLG has an average volume of 1169770 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 KLG is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month KLG has a been trading in a tight range between 22.87 and 23.05.
Volume is considerably higher in the last couple of days.
KLG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.99, a Stop Loss order could be placed below this zone.
More info and screens
15.26
24.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.92 to 22.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.23 from a trend line in the weekly time frame.
- A support zone ranging from 15.41 to 15.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 23.02 to 23.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.94 from a horizontal line in the weekly time frame.
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 KLG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KLG is up. |
| ChartMill Relative Strength | 88.19 | POSITIVE | KLG has a high relative strength, it outperformed 88.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KLG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KLG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KLG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.05 | NEUTRAL | The RSI value for KLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests KLG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 82.87 | OVERBOUGHT | The high Stochastics value suggests KLG may be overbought. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for KLG suggests low volalility. |
| Average Directional Index/ADX (14) | 34.11 | POSITIVE | The high ADX value value for KLG 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 |
|---|---|---|---|
| 23.02 | 22.95 | 0.07 (0.30%) | 25.00% |
| An entry @23.02. This is a Buy Stop order right above the 10 day high. | An exit @22.95. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 0.30%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.08%. |
- 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.
23
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0%
1 Week0.09%
2 Weeks0.04%
1 Month-0.09%
3 Month43.75%
6 Month17.95%
12 Month30.98%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.19%
ATR Inc-21.87%
Range Today0.02
ADR(20)0.04
ADR(20)%0.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.19
3 months CRSN/A
6 months CRSN/A
Mansfield0.79
10 Day High23.01
10 Day Low22.96
20 Day High23.05
20 Day Low22.87
52 Week High23.56
52 Week Low14.8
CS1 End22.99
CR1 Start23.02
Volume & EV
DER(3)-0.41%
DER(5)0.43%
Volume7.17M
Volume Incr188.82%
Vol(5)2.88M
Vol(50)1.17M