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Bullish Moving Average Cross by Kellogg Co (K)

By David Diaz

Today, shares of Kellogg Co (NYSE:K) have crossed bullishly above their 10-day moving average of $71.21 on a volume of 178K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Kellogg Co has traded in a range of $56.40 to $73.24 and is now at $71.86, 27% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.6%.

SmarTrend recommended that subscribers consider buying shares of Kellogg Co on May 11th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $61.30. Since that recommendation, shares of Kellogg Co have risen 15.8%. We continue to monitor K for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses kellogg co

Ticker(s): K