KROGER CO (KR) Technical Analysis
NYSE:KR • US5010441013
Current stock price
KR Technical Rating and Analysis
Overall KR gets a technical rating of 8 out of 10. Although KR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- 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 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- KR has an average volume of 7049150 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 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- KR is part of the Consumer Staples Distribution & Retail industry. There are 38 other stocks in this industry, KR did better than 64% of them.
KR Weekly and Daily overview Charts
KR Setup Rating and Analysis
Besides having an excellent technical rating, KR also presents 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 69.74, a Stop Loss order could be placed below this zone.
More info and screens
KR Support and Resistance Analysis
57.78
We found 5 important support areas.
- A support zone ranging from 69.05 to 69.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 66.36 to 67.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @64.62 from a horizontal line in the daily time frame.
- Support @60.71 from a trend line in the weekly time frame.
- Support @58.36 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 73.81 to 74.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 75.60 to 75.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
KR Technical Indicator Signal Analysis
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 | 78.71 | POSITIVE | KR has a high relative strength, it outperformed 78.71% 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) | 60.24 | NEUTRAL | The RSI value for KR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests KR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.22 | NEUTRAL | The Stochastics value for KR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for KR suggests some volalility. |
| Average Directional Index/ADX (14) | 31.65 | POSITIVE | The high ADX value value for KR suggests a strong trend. |
KR Chart- and CandleStick Pattern Analysis
KR 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 74.01 | 71.35 | 2.66 (3.59%) | 25.00% |
| An entry @74.01. This is a Buy Stop order right above the resistance zone. | An exit @71.35. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.66 points, which is 3.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.90%. |
- 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 Technicals: Chart, Performance Metrics, Trend & Indicators
73.76
+0.48 (+0.66%)
KROGER CO / KR TA FAQ
What is the technical rating for KR stock?
ChartMill assigns a technical rating of 8 / 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 60.2431. 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 0.0613742, 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.