Kellogg Company Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Kellogg Company stock price ended at 55.36€ on Friday, after gaining 0.728%.
(Updated on May 31, 2024)
The Kellogg Company stock price gained 0.728% on the last trading day (Friday, 31st May 2024), rising from 54.96€ to 55.36€. During the last trading day the stock fluctuated 0% from a day low at 55.36€ to a day high of 55.36€. The price has fallen in 7 of the last 10 days and is down by -2.29% for this period.
The stock lies in the lower part of a strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 55.10€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 16.65% during the next 3 months and, with a 90% probability hold a price between 64.28€ and 69.83€ at the end of this 3-month period.
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KEL.DE Signals & Forecast
There are few to no technical positive signals at the moment. The Kellogg Company stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at 55.67€ and 55.42€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 13, 2024, and so far it has fallen -4.39%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Kellogg Company stock
Kellogg Company finds support from accumulated volume at 54.96€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 0€ between high and low, or 0%. For the last week the stock has had daily average volatility of 0.750%
Kellogg Company is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (KEL.DE) For The Upcoming Trading Day Of Monday 3rd
For the upcoming trading day on Monday, 3rd we expect Kellogg Company to open at 55.36€, and during the day (based on 14 day Average True Range), to move between 54.71€ and 56.01€, which gives a possible trading interval of +/-0.654€ (+/-1.18%) up or down from last closing price. If Kellogg Company takes out the full calculated possible swing range there will be an estimated 2.36% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 55.56€ (0.36%) than the support at 54.96€ (0.72%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Kellogg Company stock A Buy?
The Kellogg Company stock holds several negative signals and despite the positive trend, we believe Kellogg Company will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -4.310 Sell Candidate Unchanged
Predicted Opening Price for Kellogg Company of Monday, June 3, 2024
| Fair opening price June 3, 2024 | Current price |
|---|---|
| 55.36€ ( 0.00000000%) | 55.36€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KEL.DE
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 55.36 | 0.00000000 % | |
| R2 | 55.36 | 0.00000000 % | ||
| R1 | 55.36 | 0.00000000 % | ||
| Current price: | 55.36 | |||
| Support | S1 | 55.36 | 0.00000000 % | |
| S2 | 55.36 | 0.00000000 % | ||
| S3 | 55.36 | 0.00000000 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 56.66 | 2.35 % | |
| R2 | 55.98 | 1.12 % | ||
| R1 | 55.56 | 0.361 % | ||
| Current price | 55.36 | |||
| Support | S1 | 54.96 | -0.723% | |
| S2 | 54.06 | -2.35% | ||
| S3 | 53.38 | -3.58% |
KEL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 03, 2024 | Jun 03, 2024 | Jun 14, 2024 | 0.524€ | 0.95% |
| 2 | Feb 29, 2024 | Feb 29, 2024 | Mar 15, 2024 | 0.520€ | 1.06% |
| 3 | Nov 30, 2023 | Nov 30, 2023 | Nov 30, 2023 | 0€ | 0% |
| 4 | May 31, 2023 | May 31, 2023 | May 31, 2023 | 0.590€ | 1.01% |
| 5 | Feb 28, 2023 | Feb 28, 2023 | Feb 28, 2023 | 0.590€ | 1.01% |
FAQ
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