NYSE:KR • US5010441013
We assign a technical rating of 7 out of 10 to KR. In the last year, KR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although KR has an excellent technical rating, it does not present a decent entry opportunity 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.
57.78
When analyzing the support we can see 6 important areas.
When analyzing the resistance we notice one important area.
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 | 62.36 | 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) | DOWN | MIXED | The current price of KR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.21 | OVERBOUGHT | The high RSI value suggests KR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests KR has a positive trend. |
| Stochastics (14,3) | 73.99 | NEUTRAL | The Stochastics value for KR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for KR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.38 | POSITIVE | The high ADX value value for KR suggests a strong trend. |
71.25
+1.11 (+1.58%)
ChartMill assigns a technical rating of 7 / 10 to KR.
The current trend direction for KROGER CO (KR) is Bearish.
KROGER CO (KR) has an RSI value of 71.2083. This indicates that the stock is currently overbought.
The MACD indicator for KROGER CO (KR) has a value of 0.744683, indicating a bearish trend.