KROGER CO (KR)

US5010441013 - Common Stock

54.84  +0.07 (+0.13%)

Technical Rating and Analysis

6

Taking everything into account, KR scores 6 out of 10 in our technical rating. In the last year, KR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month KR has a been trading in the 54.51 - 58.14 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
KR is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry. KR outperforms 79% of them.
KR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so KR is performing more or less in line with the market.
KR has an average volume of 5237700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, KR did better than 79% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
KR Weekly chart
KR Daily chart
Setup Rating and Analysis

8

KR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 54.76, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

42.57

58.41

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 54.50 to 54.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @48.38 from a trend line in the weekly time frame.
  • A support zone ranging from 46.94 to 46.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @45.02 from a horizontal line in the daily time frame.
  • A support zone ranging from 43.00 to 43.45. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 57.32 to 57.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.15
Mansfield0.54
10 Day High57.23
10 Day Low54.51
20 Day High58.14
20 Day Low54.51
52 Week High58.34
52 Week Low42.1
Performance
1 Week-2.46%
2 Weeks-0.89%
1 Month-5.18%
3 Month18.7%
6 Month20.72%
12 Month11.25%
2 Year3.4%
3 Year48.11%
5 Year140.11%
10 Year129.45%
15 Year380.44%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.27
RSI(14)44.62
LBB54.54
UBB56.75
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
55.8154.501.31 (2.34%)25.00%
An entry @55.81. This is a Buy Stop order right above the 10 day moving average.An exit @54.50. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.31 points, which is 2.34%.For a 0.59% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of KR. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
KR Daily chart

KROGER CO

NYSE:KR (5/2/2024, 11:53:50 AM)

54.84

+0.07 (+0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.13%
1 Week-2.46%
2 Weeks-0.89%
1 Month-5.18%
3 Month18.7%
6 Month20.72%
12 Month11.25%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.93
ATR(20)%1.81%
ATR Inc
Range Today0.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High57.23
10 Day Low54.51
20 Day High58.14
20 Day Low54.51
52 Week High58.34
52 Week Low42.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.27M
Volume Incr-14.69%
Vol(5)3.86M
Vol(50)5.24M