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 9.89% return on risk over the next 29 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 $0.45 would be kept by the premium seller. The risk of $4.55 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 at 29.39 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Kellogg
The Great Taste of Eggo® – Gluten Free!
Wed, 18 Feb 2015 14:00:00 GMT
PR Newswire – BATTLE CREEK, Mich., Feb. 18, 2015 /PRNewswire/ — Eggo® has been a family breakfast favorite for more than 75 years, and now even those who avoid gluten can enjoy the taste of warm, comforting waffles – without sacrificing flavor. The great taste of Eggo is now gluten-free. “Gluten-free foods in grocery stores sometimes sacrifice taste and texture compared with their original versions,” said AnneMarie Suarez-Davis, vice president of marketing and innovation for Kellogg's® Frozen Foods. Available in two delightful flavors – Original and Cinnamon – the new Eggo® Gluten Free Waffles contain eight vitamins and minerals and are an excellent source of calcium and iron, with 25 percent daily value of each.
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