KROGER CO (KR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KR - US5010441013 - Common Stock
We assign a technical rating of 5 out of 10 to KR. KR has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
KR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 67.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 66.94, a Stop Loss order could be placed below this zone.
More info and screens
61.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 65.75 to 66.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 62.53 to 64.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 67.24 to 68.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @69.50 from a horizontal line in the daily time frame.
- Strong resistance @72.98 from a horizontal line in the daily time frame.
- A resistance zone ranging from 74.24 to 74.35. 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 | NEUTRAL | NEUTRAL | The long term trend for KR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KR is up. |
| ChartMill Relative Strength | 66.92 | NEUTRAL | KR is not amongst the best or worst performers 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 | MIXED | The current price of KR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.5 | NEUTRAL | The RSI value for KR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests KR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.91 | NEUTRAL | The Stochastics value for KR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for KR suggests low volalility. |
| Average Directional Index/ADX (14) | 16.17 | NEGATIVE | The low ADX value for KR suggests a weak or negative trend. |
67.03
-0.52 (-0.77%)
KROGER CO / KR FAQ
What is the technical rating for KR stock?
ChartMill assigns a technical rating of 5 / 10 to KR.
Can you provide the trend direction for KROGER CO?
The current trend direction for KROGER CO (KR) is Bearish.
What is the RSI signal for KR stock?
KROGER CO (KR) has an RSI value of 53.4955. This indicates that the stock is currently neutral.
What is the short term momentum for KROGER CO (KR) stock?
The short term momentum for KROGER CO (KR) is positive.
What is the support and resistance level for KR stock?
KROGER CO (KR) has a support level at 66.94 and a resistance level at 67.24. Check the full technical report for our detailed analysis of KR support and resistance levels.