Kellanova Stock Technical Analysis

K Stock  USD 55.65  0.52  0.93%   
As of the 12th of April 2024, Kellanova secures the Mean Deviation of 1.01, standard deviation of 1.24, and Risk Adjusted Performance of 0.004. Kellanova technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to collect data for thirteen technical drivers for Kellanova, which can be compared to its peers in the industry. Please verify Kellanova variance and potential upside to decide if Kellanova is priced some-what accurately, providing market reflects its recent price of 55.65 per share. Given that Kellanova has information ratio of (0.08), we recommend you to check Kellanova's last-minute market performance to make sure the company can sustain itself at a future point.

Kellanova Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kellanova, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Kellanova
  
Kellanova's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Kellanova Analyst Consensus

Target PriceAdvice# of Analysts
62.38Buy20Odds
Kellanova current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Kellanova analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Kellanova stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Kellanova, talking to its executives and customers, or listening to Kellanova conference calls.
Kellanova Analyst Advice Details
Kellanova technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Kellanova technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kellanova trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Kellanova Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Kellanova volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Kellanova Trend Analysis

Use this graph to draw trend lines for Kellanova. You can use it to identify possible trend reversals for Kellanova as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Kellanova price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Kellanova Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Kellanova applied against its price change over selected period. The best fit line has a slop of   0.04  , which indicates that Kellanova will continue to generate solid returns. It has 122 observation points and a regression sum of squares at 57.43, which is the sum of squared deviations for the predicted Kellanova price change compared to its average price change.

About Kellanova Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Kellanova on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Kellanova based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Kellanova price pattern first instead of the macroeconomic environment surrounding Kellanova. By analyzing Kellanova's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Kellanova's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Kellanova specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2016 2022 2023 (projected)
Dividend Yield0.02960.0350.0315
Price To Sales Ratio1.861.491.71

Kellanova April 12, 2024 Technical Indicators

Most technical analysis of Kellanova help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Kellanova from various momentum indicators to cycle indicators. When you analyze Kellanova charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Kellanova is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kellanova Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kellanova Stock. Highlighted below are key reports to facilitate an investment decision about Kellanova Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kellanova. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Kellanova Stock analysis

When running Kellanova's price analysis, check to measure Kellanova's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kellanova is operating at the current time. Most of Kellanova's value examination focuses on studying past and present price action to predict the probability of Kellanova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kellanova's price. Additionally, you may evaluate how the addition of Kellanova to your portfolios can decrease your overall portfolio volatility.
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Is Kellanova's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kellanova. If investors know Kellanova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kellanova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.13)
Dividend Share
2.34
Earnings Share
2.25
Revenue Per Share
38.359
Quarterly Revenue Growth
(0.17)
The market value of Kellanova is measured differently than its book value, which is the value of Kellanova that is recorded on the company's balance sheet. Investors also form their own opinion of Kellanova's value that differs from its market value or its book value, called intrinsic value, which is Kellanova's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kellanova's market value can be influenced by many factors that don't directly affect Kellanova's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kellanova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kellanova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kellanova's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.