WK Kellogg saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 85 to 93.
This unique rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the best stocks often have an RS Rating of over 80 as they begin their largest price moves.
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WK Kellogg is trying to complete a cup without handle with a 24.63 entry. See if it can break out in volume at least 40% above average.
While sales growth fell last quarter from 0% to -2%, the bottom line grew 45%, up from -6% in the prior report.
WK Kellogg earns the No. 6 rank among its peers in the Food-Packaged industry group. Nomad Foods, Kellanova and Seneca Foods Cl A are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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