Kellogg's most recent trend suggests a bearish bias. One trading opportunity on Kellogg is a Bear Call Spread using a strike $65.00 short call and a strike $70.00 long call offers a potential 5.26% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $65.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $70.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Kellogg is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Kellogg is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Kellogg
Should You Expect Kellogg Company (K) To Continue Delivering An ROE Of 40.73%?
Fri, 29 Sep 2017 22:47:12 +0000
Kellogg Company (NYSE:K) outperformed the Packaged Foods and Meats industry on the basis of its ROE – producing a higher 40.73% relative to the peer average of 11.52% over theRead More…
What Could Hurt Kellogg Stock?
Fri, 29 Sep 2017 14:41:16 +0000
Kellogg (K), like most of its peers, is seeing lower sales, as volumes have fallen on account of weak demand and currency fluctuations.
[$$] Kellogg CEO John Bryant to Step Down
Fri, 29 Sep 2017 04:07:49 +0000
Kellogg chose an outsider as its new chief executive, becoming the fifth major food and beverage company to name a new leader in a tumultuous year for the industry.
Kellogg's CEO Bryant steps down, Nature's Bounty exec to take over
Thu, 28 Sep 2017 19:47:58 +0000
Kellogg, like other packaged food makers, has been struggling with falling demand as consumers shift to healthier alternatives, and in Bryant's near seven-year tenure, the company has cut jobs and sought to streamline production to bolster profits. “Given the suddenness of the announcement, many investors this morning have asked whether his (Bryant's) retirement was his own choice,” J.P. Morgan analyst Ken Goldman said in a client note.
Kellogg, General Mills Must Transform to Suit New Era of Consumers, Cramer Says
Thu, 28 Sep 2017 17:30:00 +0000
Kellogg CEO John Bryant is retiring, joining the moves of General Mills' and Mondelez's CEOs as well. There's a changing of the guard at these once-mighty food giants, Jim Cramer says.
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