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Kellogg Co (K) Approaches New Upside Target of $65.61

By David Diaz

Kellogg Co (NYSE:K) has opened bullishly above the pivot of $65.31 today and has reached the first level of resistance at $65.51. Investors may be interested in a cross of the next upside pivot targets of $65.61 and $65.91.

Over the past year, Kellogg Co has traded in a range of $51.34 to $71.05 and is now at $65.49, 28% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

Potential upside of 6.6% exists for Kellogg Co, based on a current level of $65.49 and analysts' average consensus price target of $69.79. The stock should find resistance at its 50-day moving average (MA) of $68.01, as well as support at its 200-day MA of $62.31.

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

Keywords: pivot alerts kellogg co

Ticker(s): K