WK KELLOGG CO (KLG) Stock Technical Analysis
NYSE:KLG - US92942W1071 - Common Stock
22.92 USD
-0.1 (-0.43%)
22.92 USD
0 (0%)
Overall KLG gets a technical rating of 8 out of 10. Both in the recent history as in the last year, KLG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
KLG is part of the Food Products industry. There are 90 other stocks in this industry. KLG outperforms 88% of them.
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 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
KLG has an average volume of 2091850 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 87% 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 22.89 and 23.35.
KLG has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
15.26
24.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.91 to 22.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.05 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 22.98 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 | 87.75 | POSITIVE | KLG has a high relative strength, it outperformed 87.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KLG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KLG is above the rising 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) | 62.3 | NEUTRAL | The RSI value for KLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests KLG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.95 | NEUTRAL | The Stochastics value for KLG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for KLG suggests low volalility. |
| Average Directional Index/ADX (14) | 46.06 | 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)
22.92
-0.1 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.43%
1 Week-0.22%
2 Weeks-0.48%
1 Month-0.69%
3 Month35.46%
6 Month15.64%
12 Month33.49%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.51%
ATR Inc2.67%
Range Today0.14
ADR(20)0.12
ADR(20)%0.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.75
Mansfield1.17
10 Day High23.06
10 Day Low22.89
20 Day High23.35
20 Day Low22.89
52 Week High23.56
52 Week Low14.8
CS1 End22.91
CR1 Start22.98
Volume & EV
DER(3)-3.01%
DER(5)-2.12%
Volume1.34M
Volume Incr7.67%
Vol(5)883.04K
Vol(50)2.09M