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Bearish Moving Average Cross by Kellogg (K)

By James Quinn

Today, shares of Kellogg (NYSE:K) have fallen below their 10-day MA of $70.77 on a volume of 246K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Kellogg has traded in a range of $61.13 to $87.16 and is now at $70.54, 15% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.3%.

SmarTrend is tracking the current trend status for Kellogg and will alert subscribers who have K in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Kellogg

Ticker(s): K