Kellanova is engaged in the manufacture and marketing of snacks and convenience foods. Co.'s principal products are snacks, such as crackers, savory snacks, toaster pastries, cereal bars, granola bars and bites; and convenience foods, such as, ready-to-eat cereals, frozen waffles, veggie foods and noodles. Co.'s snacks brands are marketed under brands such as Kellogg's, Cheez-It, Pringles, Austin, Parati, and RXBAR. Co.'s cereals and cereal bars are generally marketed under the Kellogg's name, with some under the Kashi and Bear Naked brands. Co.'s frozen foods are marketed under the Eggo and Morningstar Farms brands.
When researching a stock like Kellogg, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from K Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for K stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the K 200 day moving average ("K 200 DMA"), while one of the most popular "shorter look-backs" is the K 50 day moving average ("K 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Kellogg. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the K 200 DMA and the K 50 DMA, we get a moving average convergence divergence indicator ("K MACD"). The K MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
Free K Email Alerts:
Video: Technical Analysis