KROGER CO (KR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KR - US5010441013 - Common Stock
Taking everything into account, KR scores 0 out of 10 in our technical rating. KR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
KR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
60.62
2 important support areas can be observed.
- Support @62.29 from a horizontal line in the weekly time frame.
- Support @61.23 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 62.50 to 62.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 63.92 to 66.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 68.29 to 69.50. This zone is formed by a combination of multiple trend lines 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 | 32.8 | 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) | DOWN | NEGATIVE | The current price of KR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.93 | NEUTRAL | The RSI value for KR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests KR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.12 | NEUTRAL | The Stochastics value for KR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for KR suggests some volalility. |
| Average Directional Index/ADX (14) | 31.72 | POSITIVE | The high ADX value value for KR suggests a strong trend. |
62.3
+0.01 (+0.02%)
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 41.9307. 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 62.29 and a resistance level at 62.5. Check the full technical report for our detailed analysis of KR support and resistance levels.