KROGER CO (KR) Technical Analysis
NYSE:KR • US5010441013
Taking everything into account, KR scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, KR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by KR, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so KR is leading the market.
- In the last month KR has a been trading in the 66.04 - 76.58 range, which is quite wide. It is currently trading near the high of this range.
- KR has an average volume of 6984160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that KR is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- KR is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 59% of 38 stocks in the same industry.
Although KR has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
57.78
We found 5 important support areas.
- A support zone ranging from 69.74 to 69.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 66.02 to 66.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.62 from a horizontal line in the daily time frame.
- Support @60.59 from a trend line in the weekly time frame.
- Support @58.36 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 74.97 to 74.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for KR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KR is up. |
| ChartMill Relative Strength | 80.05 | POSITIVE | KR has a high relative strength, it outperformed 80.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.72 | NEUTRAL | The RSI value for KR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests KR has a positive trend. |
| Stochastics (14,3) | 74.96 | NEUTRAL | The Stochastics value for KR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for KR suggests some volalility. |
| Average Directional Index/ADX (14) | 29.74 | POSITIVE | The high ADX value value for KR suggests a strong trend. |
KR Technicals: Chart, Performance Metrics, Trend & Indicators
74.96
+2.77 (+3.84%)
KROGER CO / KR FAQ
What is the technical rating for KR stock?
ChartMill assigns a technical rating of 9 / 10 to KR.
What is the trend direction for KR stock?
The current trend direction for KROGER CO (KR) is Bullish.
What is the RSI signal for KR stock?
KROGER CO (KR) has an RSI value of 66.7169. This indicates that the stock is currently neutral.
What is the MACD signal for KR stock?
The MACD indicator for KROGER CO (KR) has a value of 0.384436, indicating a bearish trend.
Can you provide the buy/sell signal for KROGER CO?
The buy/sell signal for KROGER CO (KR) is buy as both the short term and long term trends are positive.