KROGER CO (KR) Technical Analysis
NYSE:KR • US5010441013
Current stock price
KR 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 67.32 - 75.87 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- KR has an average volume of 6854600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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 51% of all stocks.
- KR is part of the Consumer Staples Distribution & Retail industry. There are 37 other stocks in this industry, KR did better than 55% of them.
- 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.
KR Weekly and Daily overview Charts
KR Setup Rating and Analysis
KR has an average technical rating and it also does not offer a high quality setup 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
KR Support and Resistance Analysis
57.78
3 important support areas can be observed.
- Support @64.52 from a horizontal line in the daily time frame.
- Support @61.07 from a trend line in the weekly time frame.
- A support zone ranging from 58.36 to 59.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 69.69 to 70.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- 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 | NEUTRAL | NEUTRAL | The long term trend for KR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KR is down. |
| ChartMill Relative Strength | 51.01 | NEUTRAL | KR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of KR is below 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) | 39.27 | NEUTRAL | The RSI value for KR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests KR has a negative trend. |
| Stochastics (14,3) | 32.93 | NEUTRAL | The Stochastics value for KR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for KR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.91 | NEGATIVE | The low ADX value for KR suggests a weak or negative trend. |
KR Chart- and CandleStick Pattern Analysis
KR Technicals: Chart, Performance Metrics, Trend & Indicators
67.99
-2.36 (-3.35%)
KROGER CO / KR TA FAQ
What is the technical rating for KR stock?
ChartMill assigns a technical rating of 4 / 10 to KR.
What is the trend direction for KR stock?
The current trend direction for KROGER CO (KR) is Bearish.
What is the RSI signal for KROGER CO (KR) stock?
KROGER CO (KR) has an RSI value of 39.2749. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KROGER CO?
The short term momentum for KROGER CO (KR) is negative.
What is the support and resistance level for KR stock?
KROGER CO (KR) has a support level at 64.52 and a resistance level at 69.69. Check the full technical report for our detailed analysis of KR support and resistance levels.