KR Technical Analysis - KROGER CO

Technical Rating and Analysis

Taking everything into account, KR scores 4 out of 10 in our technical rating. KR has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month KR has a been trading in the 64.37 - 69.50 range, which is quite wide. It is currently trading near the high of this range.

KR has an average volume of 7367110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

When comparing the performance of all stocks over the past year, KR turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.

KR is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 63% of 39 stocks in the same industry.

KR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KR is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

KR has an average technical rating and the quality of the presented setup is also not ideal 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

63.70

75.09

When analyzing the support we notice one important area.

A support zone ranging from 64.34 to 68.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 3 important resistance areas.

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.

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What is Support and Resistance

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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	NEUTRAL	NEUTRAL	The long term trend for KR is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for KR is neutral.
ChartMill Relative Strength	69.89	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)	DOWN	MIXED	The current price of KR is above a declining 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)	58.91	NEUTRAL	The RSI value for KR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.41	POSITIVE	The MACD value suggests KR has a positive trend.
Stochastics (14,3)	77.08	NEUTRAL	The Stochastics value for KR is a neutral value.
Average True Range in percent/ATR (20)	2.03	MEDIUM VOLATILITY	The ATR as a percentage value for KR suggests some volalility.
Average Directional Index/ADX (14)	15.28	NEGATIVE	The low ADX value for KR suggests a weak or negative trend.