KELLANOVA - Daily - Technical analysis published on 09/25/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 62.10 USD
My targets
64.21 USD (+0.49%)
65.34 USD (+2.25%)
My analysis
The bullish trend is currently very strong on KELLOGG COMPANY. As long as the price remains above the support at 62.10 USD, you could try to benefit from the boom. The first bullish objective is located at 64.21 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 65.34 USD as an objective. Crossing it would then enable buyers to target 69.74 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
6.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
KELLOGG COMPANY rating 63.90 USD. The price registered an increase of +0.98% on the session and was traded between 63.38 USD and 64.03 USD over the period. The price is currently at +0.82% from its lowest and -0.20% from its highest.63.38
64.03
63.90
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this KELLOGG COMPANY chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 57.00 | 60.30 | 62.10 | 63.90 | 64.21 | 65.34 | 69.74 |
| Change (%) | -10.80% | -5.63% | -2.82% | - | +0.49% | +2.25% | +9.14% |
| Change | -6.90 | -3.60 | -1.80 | - | +0.31 | +1.44 | +5.84 |
| Level | Major | Major | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.58 | 62.24 | 62.76 | 63.41 | 63.94 | 64.59 | 65.11 |
| Camarilla | 62.96 | 63.06 | 63.17 | 63.28 | 63.39 | 63.50 | 63.60 |
| Woodie | 61.51 | 62.20 | 62.69 | 63.38 | 63.87 | 64.56 | 65.05 |
| Fibonacci | 62.24 | 62.69 | 62.96 | 63.41 | 63.86 | 64.14 | 64.59 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.29 | 62.12 | 62.93 | 63.76 | 64.57 | 65.40 | 66.21 |
| Camarilla | 63.28 | 63.43 | 63.58 | 63.73 | 63.88 | 64.03 | 64.18 |
| Woodie | 61.27 | 62.12 | 62.91 | 63.76 | 64.55 | 65.40 | 66.19 |
| Fibonacci | 62.12 | 62.75 | 63.14 | 63.76 | 64.39 | 64.78 | 65.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.61 | 57.13 | 59.97 | 62.48 | 65.32 | 67.83 | 70.67 |
| Camarilla | 61.33 | 61.82 | 62.31 | 62.80 | 63.29 | 63.78 | 64.27 |
| Woodie | 54.77 | 57.21 | 60.12 | 62.56 | 65.48 | 67.91 | 70.83 |
| Fibonacci | 57.13 | 59.17 | 60.44 | 62.48 | 64.53 | 65.79 | 67.83 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 57.10 | |
| MACD (12,26,9): | 0.6300 | |
| Directional Movement: | -1.13 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 64.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 64.57 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 60.74 | |
| Zig ZAG (10): | 63.90 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 54.13 | |
| TEMA (21): | 63.83 | |
| Williams %R (14): | -33.33 | |
| Chande Momentum Oscillator (20): | -0.32 | |
| Repulse (5,40,3): | -0.3500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 2.00 |
| MA7: | 63.74 | |
| MA20: | 63.35 | |
| MA50: | 61.44 | |
| MA100: | 58.14 | |
| MAexp7: | 63.67 | |
| MAexp20: | 63.28 | |
| MAexp50: | 61.51 | |
| MAexp100: | 59.69 | |
| Price / MA7: | +0.25% | |
| Price / MA20: | +0.87% | |
| Price / MA50: | +4.00% | |
| Price / MA100: | +9.91% | |
| Price / MAexp7: | +0.36% | |
| Price / MAexp20: | +0.98% | |
| Price / MAexp50: | +3.89% | |
| Price / MAexp100: | +7.05% |
News
The latest news and videos published on KELLOGG COMPANY at the time of the analysis were as follows:
- The Aspen Institute's Project Play And Kellogg Company's Mission Tiger Team Up To Help Save Middle School Sports
- StayinFront Expands its Partnership with Kellogg’s® Australia and New Zealand Deployment of TouchCG Advanced
- Introducing Incogmeato™ by MorningStar Farms®, The Newest Addition to Kellogg Company's Plant-Based Portfolio
- Overwatch League™ Announces Multi-Year Deal with Kellogg® Cheez-It® and Pringles®
- Kellogg, No Kid Hungry partner once again to expand school breakfast programs
This member declared not having a position on this financial instrument or a related financial instrument.
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