KROGER CO (KR) Stock Technical Analysis
USA - NYSE:KR - US5010441013 - Common Stock
Overall KR gets a technical rating of 0 out of 10. KR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of KR is bad and it also does not present a 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
62.51
We found 1 important support area.
- A support zone ranging from 63.14 to 63.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 66.80 to 69.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @72.98 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for KR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KR is down. |
| ChartMill Relative Strength | 28.93 | NEGATIVE | KR has a low relative strength, it was outperformed by 71.07% off all stocks 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) | DOWN | NEGATIVE | The current price of KR is below a declining 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) | 33.05 | NEUTRAL | The RSI value for KR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests KR has a negative trend. |
| Stochastics (14,3) | 9.17 | OVERSOLD | The low Stochastics value suggests KR may be oversold. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for KR suggests some volalility. |
| Average Directional Index/ADX (14) | 24.99 | NEUTRAL | The ADX value for KR suggests a possible start of a new trend. |
63.15
-0.61 (-0.96%)
KROGER CO / KR FAQ
What is the technical rating for KR stock?
ChartMill assigns a technical rating of 0 / 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 33.05. 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 negative.
What is the support and resistance level for KR stock?
KROGER CO (KR) has a support level at 63.14 and a resistance level at 66.8. Check the full technical report for our detailed analysis of KR support and resistance levels.