Kellogg Co (K): Price Down $-1.04 (-1.63)% Over Past Day, Down $0 (0)% Over Past Hour

The Hourly View for K

At the time of this writing, K’s price is down $0 (0%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. Price action traders may also wish to note that we see a pin bar candlestick pattern on K. Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

K’s Technical Outlook on the Daily Chart

At the time of this writing, K’s price is down $-1.04 (-1.63%) from the day prior. This is the 2nd day in a row K has seen its price head down. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. Of note is that the 50 day changed directions on K; it is now pointing down. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Kellogg Co’s price action over the past 90 days can be seen via the chart below.

K

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