WK KELLOGG CO (KLG) Stock Technical Analysis
NYSE:KLG - New York Stock Exchange, Inc. - US92942W1071 - Common Stock - Currency: USD
Taking everything into account, KLG scores 10 out of 10 in our technical rating. KLG has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that KLG is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by KLG over the past year are nicely spread over this period.
KLG is part of the Food Products industry. There are 91 other stocks in this industry. KLG outperforms 85% 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.
In the last month KLG has a been trading in the 15.38 - 23.07 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
KLG has an average volume of 1966130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although KLG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.26
23.24
When analyzing the support we notice one important area.
- A support zone ranging from 15.41 to 15.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.01 to 23.01. 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 | NEUTRAL | NEUTRAL | The long term trend for KLG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KLG is up. |
| ChartMill Relative Strength | 86.11 | POSITIVE | KLG has a high relative strength, it outperformed 86.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KLG is above the rising 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) | 82.2 | OVERBOUGHT | The high RSI value suggests KLG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.83 | POSITIVE | The MACD value suggests KLG has a positive trend. |
| Stochastics (14,3) | 98.95 | OVERBOUGHT | The high Stochastics value suggests KLG may be overbought. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for KLG suggests some volalility. |
| Average Directional Index/ADX (14) | 39.64 | 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)
23
+0.11 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.48%
1 Week34.42%
2 Weeks43.75%
1 Month46.68%
3 Month17.77%
6 Month44.38%
12 Month44.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%3.69%
ATR Inc-84.55%
Range Today0.22
ADR(20)0.58
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.11
Mansfield1.77
10 Day High23.07
10 Day Low15.58
20 Day High23.07
20 Day Low15.38
52 Week High23.07
52 Week Low14.8
CS1 End15.78
CR1 Start23.01
Volume & EV
DER(3)2.17%
DER(5)1.76%
Volume3.48M
Volume Incr994.15%
Vol(5)11.27M
Vol(50)1.97M