Kellogg's most recent trend suggests a bullish bias. One trading opportunity on Kellogg is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 9.89% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 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 dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Kellogg is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Kellogg is bullish.
The RSI indicator is at 42.16 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Kellogg
Kellogg Company Announces New Responsible Sourcing Commitments And Renews Conservation Goals
Wed, 13 Aug 2014 10:55:00 GMT
PR Newswire – BATTLE CREEK, Mich., Aug. 13, 2014 /PRNewswire/ — Tweetable highlights: Goodness of grains at heart of new #KelloggSustainability commitments http://ow.ly/AfIz1 Kellogg cares about people & planet, making …
Packaged food plays a growth wasteland: Cramer
Tue, 12 Aug 2014 22:25:00 GMT
KELLOGG CO Financials
Sat, 09 Aug 2014 17:04:10 GMT
Kellogg evaluating bid for United Biscuits – source
Wed, 06 Aug 2014 22:35:13 GMT
Kellogg evaluating bid for United Biscuits: source
Wed, 06 Aug 2014 22:27:25 GMT
Reuters – UK Focus – The owners of UK-based United Biscuits Ltd (IPO-UNI (Other OTC: CEMTY – news) .L) are not in sale talks with Kellogg Co, a source familiar with the matter said, responding to a report that the cereal company was considering making an offer for the maker of McVitie's biscuits. Sky News reported earlier on Wednesday that Kellogg was working with investment bankers from Barclays (LSE: BARC.L – news) on a possible 2 billion pound ($3.4 billion) bid for United Biscuits. United Biscuits' private equity owners, Blackstone Group LP and PAI Partners, have been working on plans for a sale or an IPO that would take place by year-end, the source said. Kellogg, best known for its corn flakes cereal, is the latest company to be linked to an offer for United Biscuits.
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