KROGER CO (KR) Stock Technical Analysis
NYSE:KR - New York Stock Exchange, Inc. - US5010441013 - Common Stock - Currency: USD
Taking everything into account, KR scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that KR is one of the better performing stocks in the market, outperforming 70% of all stocks. On top of that, KR also shows a nice and consistent pattern of rising prices.
KR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KR is lagging the market slightly.
KR has an average volume of 7899800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
KR is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 58% of 40 stocks in the same industry.
In the last month KR has a been trading in the 64.15 - 74.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although KR has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
62.85
74.74
2 important support areas can be observed.
- A support zone ranging from 68.67 to 69.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.48 to 65.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 71.75 to 74.00. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for KR is neutral. |
| ChartMill Relative Strength | 70.97 | POSITIVE | KR has a high relative strength, it outperformed 70.97% 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) | 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) | 52.02 | NEUTRAL | The RSI value for KR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests KR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.39 | NEUTRAL | The Stochastics value for KR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for KR suggests some volalility. |
| Average Directional Index/ADX (14) | 26.95 | POSITIVE | The high ADX value value for KR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
69.83
-0.4 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.57%
1 Week-2.03%
2 Weeks6.58%
1 Month5.26%
3 Month3.94%
6 Month13.62%
12 Month34.7%
2 Year43.57%
3 Year50.37%
5 Year100.72%
10 Year77.96%
15 Year559.4%
Volatility
ATR(14)1.74
ATR(20)%2.15%
ATR Inc-11.19%
Range Today1.42
ADR(20)1.36
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.97
Mansfield0.43
10 Day High74.11
10 Day Low67.5
20 Day High74.11
20 Day Low64.15
52 Week High74.11
52 Week Low50.69
CS1 End69.73
CR1 Start72.02
Volume & EV
DER(3)1.26%
DER(5)1.36%
Volume3.72M
Volume Incr-34.2%
Vol(5)6.12M
Vol(50)7.90M